Product Updates & Innovations, March 2024: FNOL Configuration

At Five Sigma, we’re constantly evolving to make your claims management experience better and exceptional. We’re thrilled to share the newest enhancements to our platform, all designed to streamline your operations and harness the power of automation and AI-native technology. 

Remember, as a Cloud-based SaaS – the platform is always up to date with latest enhancements, for the benefit of all customers. 

Let’s explore how our new updates can propel your claims processing into the future.

Introducing FNOL Configuration UI

Take control with our new feature allowing you to customize the FNOL process for your various insurance LoBs and sub-organizations’ needs.

This customization includes adding extra custom fields to the FNOL form, hiding specific fields and sections, arranging the order of fields and more.

For example, you can add or hide specific form questions according to the sub-organization.  Additionally, when adding additional fields, you can specify whether a field is required or optional and list the available field values.


Five Sigma - AI-Native Claims Management Platform

Five Sigma offers an AI-native claims management platform that streamlines every step of the claims process. With full visibility of the claim at a single place, advanced automation, and data-driven insights, Five Sigma empowers adjusters to excel, speeding up claims handling and improving policyholder satisfaction. Adjusters are freed to focus on decision-making and customer service. 

For insurers, MGAs and TPAs, Five Sigma is a risk-free solution that unlocks unprecedented benefits quickly. Insurers gain unparalleled visibility into their claims and operations. The result is a significant reduction in Loss Adjustment Expenses. Five Sigma is a future-proof platform that is always up to date for the benefit of all its customers and gives insurers the agility to handle any claim faster, add new Lines of Business in less than a day, and accommodate new business models easily, enabling you to adapt swiftly to market changes ahead of the competition.

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