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New York, October 9, 2024 – Five Sigma, a leading AI-native SaaS claims management software company, has been recognized by research firm FinTech Global as one of the most innovative companies in the insurance technology sector for 2024 in the prestigious InsurTech 100 list.
InsurTech100 highlights companies that are transforming the insurance industry through cutting-edge technologies. With over 2,100 nominations reviewed by a panel of seasoned analysts and industry experts, Five Sigma was selected for its continued innovation in claims management, combining advanced automation, AI-driven insights, and a unique focus on transforming the adjuster experience through intuitive, user-friendly technology that streamlines workflows and enhances decision-making.
Notably, Five Sigma’s new product Clive™, the insurance industry’s first AI Claims Adjuster, has been lauded as a game-changer, working on top of any claims management system (CMS) and driving efficiency and accuracy in claims management.
“We are thrilled to be recognized as an innovative leader in InsurTech100,” said Oded Barak, Co-Founder and CEO of Five Sigma. “Our Claims technology is designed with adjusters in mind, allowing them to work faster and more effectively through automation and AI data-driven insights. Clive is a crucial addition to our mission to transform the insurance industry, enabling any insurer to unlock the potential of AI and automation in their claims operations.”