Five Sigma
AI-native claims management system with Clive, a multi-agent AI claims adjuster.
About
Five Sigma is an insurtech providing an AI-native, SaaS-based claims management system for P&C insurers, MGAs, TPAs, and reinsurers. At its center is Clive, a multi-agent AI claims expert that works as an AI adjuster inside any existing claims system or natively within Five Sigma's own CMS, automating routine tasks, planning claim handling dynamically, and advancing claims according to each insurer's standard operating procedures.
In April 2026 the company went live in production with Fast Cover, an Australian travel insurer, its first deployment in that market, with integrations for local ABA payment rails and Lloyd's bordereaux reporting. Customers report cost savings, productivity gains, and faster cycle times. Pricing is enterprise and quote-based.
What it can do
- AI-native claims management system
- Clive multi-agent AI adjuster
- Next-best-action recommendations
- SOP-driven claim advancement
- Compliance with insurer processes
- Payment and bordereaux integrations
Setup
Enterprise onboarding: configure SOPs and workflows, integrate payment and reporting rails.
Prerequisites
P&C claims operation; existing claims data for configuration.
Use cases
Works with
Trust score — 6/10
Scored 6/10 (TIER metrics, metrics-v1). Evidence: April 2026 Coverager report confirms the Fast Cover production deployment and the Clive AI adjuster positioning. Strengths: production deployments with named customers, clear AI-native differentiation. Docked for: (1) smaller public footprint than category leaders; (2) outcomes claims are vendor- and partner-reported. License: proprietary.
How the trust score is built
Full methodology →- Adoption · stars/downloads, log-scaled vs peers
- 5.0/10
- Maintenance · recency, releases, issue load
- 7.0/10
- Openness · license + docs
- 4.0/10
- Manual review · sanity read + red-flag check
- 6.0/10
- · April 2026 Coverager report confirms Fast Cover production deployment and Clive AI adjuster positioning
- · Smaller public footprint than category leaders; outcomes claims vendor/partner-reported
Sources
Every fact above was checked against these sources. Where a claim comes from the provider and couldn't be independently verified, the text says so.