Oded Barak
Co-founder and CEO at Five Sigma

RAVIN AI and Five Sigma Partner to Transform Auto Claims with AI-Powered Vehicle Assessments

Sydney, Australia, February 6, 2025 – RAVIN AI, a leader in AI-powered vehicle inspections, has partnered with Five Sigma, an innovator in AI claims management technology, to reshape auto claims handling. Through this partnership, RAVIN’s DeepDetect™, an AI vehicle assessment, has been integrated with Five Sigma’s end-to-end Claims Management Platform (CMS) and Clive™, the insurance industry’s first AI Claims Adjuster, delivering next-level automation and efficiency to auto insurers.

Now, when policyholders submit a claim, they are prompted to scan their vehicle, generating a virtual assessment that predicts repair costs or determines total loss. Clive then automates the workflow by updating all relevant fields in Five Sigma’s AI-Native CMS or any other claims management system the insurer is using. If there are pictures of the vehicle from the FNOL, this analysis is done even faster.

“Our partnership with Ravin AI is another step in our automation-first philosophy for claims management, integrating various AI tools and use cases with Clive, our AI Claims Adjuster. By integrating Ravin’s advanced technology with Five Sigma’s, we are empowering insurers to reduce cycle times, improve accuracy, and boost operational efficiency”. — Oded Barak, CEO and Co-Founder of Five Sigma
 
“This partnership with Five Sigma is a game-changer for the insurance industry. By combining our AI-driven vehicle assessments with Five Sigma’s claims platform and Clive, we’re helping insurers streamline the claims process, enhance customer satisfaction, and reduce costs—all while driving innovation in auto insurance.” — Eliron Ekstein, CEO of Ravin AI

Key Benefits for Insurers

  • Automated Triaging – Claims are routed based on loss and liability within minutes rather than days.
  • Increased Accuracy – AI assessments eliminate manual errors and improve consistency.
  • Cost Reduction – Streamlined workflows reduce operational costs, including rental car expenses.
  • Enhanced Customer Satisfaction – Faster claim resolutions lead to improved policyholder experiences.

Insurers using the integrated technology report a 50% reduction in claim cycle time and hundreds of dollars in savings per case.

By integrating RAVIN AI’s vehicle assessment technology with Five Sigma’s, insurers and TPAs gain unparalleled automation and data-driven decision-making. When policyholders submit photos of vehicle damage via First Notice of Loss (FNOL), RAVIN’s AI instantly assesses whether the vehicle is repairable or a total loss. This assessment seamlessly updates in Five Sigma’s claims management platform (or other CMS via Clive), allowing adjusters to make faster, more accurate claims decisions.

The result? Accelerated handling, reduced costs, and enhanced policyholder satisfaction.

More from this Author
See all