BRUSSELS, July 13, 2021 /PRNewswire/ — In a nutshell
Qover units up a strong in-house technology-led claims administration construction with 5 Sigma’s end-to-end claims dealing with workflow for fast and environment friendly processing of claims, enabling an enhanced digital expertise for its companions and end-customers.
5 Sigma right this moment introduced a brand new strategic partnership designed to extend the pace and high quality of claims administration with Qover, a number one insurtech firm which offers revolutionary embedded insurance coverage options globally.
“At Qover, we try to supply seamless digital experiences for our companions and their prospects, and claims administration is central to attaining this intention. After an exhaustive analysis starting from low-code construct vs purchase choices, we chosen 5 Sigma as their CMS capabilities totally complement and improve Qover’s revolutionary embedded insurance coverage options” mentioned Quentin Colmant, CEO and Co-founder of Qover.
Qover’s insurance coverage options can be found in real-time by means of Open APIs or white labelling that may be simply and rapidly built-in into any digital platform trying to make insurance coverage a part of its technique. 5 Sigma’s distinctive capabilities with fast configurable digital declare workflows allow a excessive diploma of automation all by means of the First Discover of Loss (FNOL) to the declare settlement course of. The declare platform additionally options fashionable communication instruments that permit for electronic mail, SMS, telephone calls and dwell video with end-customers.
“Qover is pioneering the embedded insurance coverage vertical for quick rising corporations within the B2B2C and B2C house the place partaking with prospects and purchasers proactively by means of digital channels is the important thing success. We’re thrilled to companion with Qover to strengthen its worth proposition and help its bold development plans” acknowledged Oded Barak, CEO of 5 Sigma
Qover plans to start out dealing with claims throughout Europe on 5 Sigma CMS inside a brief span of 8 to 10 weeks that can lay the inspiration to quickly scale its claims group internally and thru third events with unified workflows and information integration capabilities
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As a global pioneer within the insurance coverage business, Qover designs, builds and distributes revolutionary digital insurance coverage options to assist fast-growing corporations globally. Its insurance coverage options can be found in real-time by means of APIs or white labelling that may be simply and rapidly built-in into its companions’ digital platforms. Qover’s long-standing companions embody famend corporations akin to Deliveroo, Revolut, Wolt, Decathlon, Cowboy, Immoweb and lots of others. For extra data, go to https://qover.com
About 5 Sigma 5 Sigma CMS is cloud-native data-driven claims administration platform with embedded AI/ML capabilities that’s main the way forward for claims decision for the Insurance coverage Business.
5 Sigma CMS is out there as an end-to-end declare administration platform or in modules for particular enterprise features with the aims of bettering claims accuracy, enhancing policyholders’ expertise, compliance & operational productiveness and making claims-data available inside Insurer’s ecosystem for AI/ML, danger choice & different functions. We collaborate immediately with our purchasers to align 5 Sigma CMS capabilities to their particular initiatives, delivering pace to market with desired enterprise outcomes. For extra data go to https://fivesigmalabs.com
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