Qover partners with cloud-native platform Five Sigma to scale superior claims experience in-house

Published date
July 8, 2021
In a nutshell

Qover set up a robust in-house, technology-led claims management structure with Five Sigma’s end-to-end claims handling workflow. This enables rapid and efficient processing of claims, as well as an enhanced digital experience for Qover's partners and end customers.

Qover – a leading InsurTech providing innovative embedded insurance solutions around the world – announced a new strategic partnership with Five Sigma designed to increase the speed and quality of claims management.

Quentin Colmant, CEO and Co-founder of Qover says:

'At Qover, we strive to provide seamless digital experiences for our partners and their customers – and claims management is central to this. After an exhaustive evaluation ranging from low-code build vs. buy options, we selected Five Sigma, as their CMS capabilities fully complement and enhance Qover’s innovative embedded insurance solutions.”

Qover’s insurance solutions are available in real time through open APIs or white labelling that can be easily and quickly integrated into any digital platform looking to make insurance part of its strategy. Five Sigma’s unique capabilities with rapid configurable digital claim workflows enable a high degree of automation from the First Notice of Loss (FNOL) to the claims settlement process. The claims platform also features modern communication tools that allow for email, SMS, phone calls and live video with end customers.

Qover partners with cloud-native platform Five Sigma to improve its claims experience.

Oded Barak, CEO of Five Sigma comments:

'Qover is pioneering the embedded insurance vertical for fast-growing companies in the B2B2C and B2C space, where engaging with customers and clients proactively through digital channels is the key to success. We are thrilled to partner with Qover to strengthen its value proposition and support its ambitious growth plans.'

Qover will start handling claims across Europe on Five Sigma's CMS within a short span of eight to 10 weeks. Its unified workflows and data integration capabilities will lay the foundation for Qover to rapidly scale its claims organisation both internally as well as through third parties.