Five Sigma provides claims operations software for insurance organizations, focused on:
- A claims management system (CMS) intended to manage the end-to-end claims lifecycle (FNOL → resolution/payment).
- Clive, described by the vendor as a multi-agent AI layer that can be deployed on top of existing claims management systems (designed for augmentation rather than mandatory replacement). The vendor describes discrete automation capabilities (referred to as "agents") for tasks such as intake, triage, document handling, communications, coverage analysis, and compliance.
The vendor presents both a core system offering (their CMS) and an overlay automation/AI layer (Clive). The vendor describes an incremental adoption path that begins with AI automation agents and may include a later migration to the vendor CMS.
Primary evidence: vendor website and product pages; press and analyst mentions including industry recognition.