Boost Insurance has selected Five Sigma to build in its in-house claims operations with an agile, SaaS-based solution and scalable business model.
Boost has successfully implemented Five Sigma’s CMS for its in-house claims management program.
Boost’s insurance infrastructure-as-a-service platform packages the necessary compliance, operational, capital, and technological components of an insurance program into a turnkey white-label solution. The company previously handled claims for certain lines through third-party administrators (TPAs) but wanted to begin to bring the claims process in-house.
Five Sigma provides a full end-to-end suite for digital claims management featuring rapid configurable automated claim workflows, an in-system omni-channel communication platform, automated documentation, reporting, and open APIs.
Boost chose the Five Sigma claims platform to leverage its quick time to deployment, seamless adaptability to existing workflows, and ability to provide a customised solution for Boost’s needs.
Oded Barak, CEO and co-founder of Five Sigma, said, “We are thrilled to partner with such a leading disruptor and to support Boost in their vision to innovate faster. We look forward to continue to help them grow and succeed in other lines of business.”
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