Xceedance

Friendly is a company focused on robotic cognition, providing workflow automation solutions specifically for the insurance and financial services sectors. Its advanced platform utilizes optical character recognition (OCR) technology and deep learning to process complex documents, including those with handwriting and varied data formats. Friendly's solutions enable clients to digitize documents from various sources and automate the adjudication of claims, streamlining health and life insurance processes. By offering a comprehensive end-to-end solution, Friendly enhances operational efficiency and accuracy for its clients.

Five Sigma LTD. is a software company based in Tel Aviv-Yafo, Israel, that specializes in automating the claims management process for the insurance industry through its cloud-based platform. Founded in 2017, Five Sigma offers a data-driven Claims Management Solution that incorporates artificial intelligence and machine learning capabilities. This platform streamlines claims processing by implementing automated workflows and utilizing data modeling to provide insightful recommendations, enhancing decision-making for insurance adjusters and minimizing errors. The solution is utilized by various entities within the insurance sector, including leading insurance carriers, Insurtech firms, third-party administrators, and self-insured organizations, to modernize their claims operations, reduce claims leakage, ensure compliance, and enhance overall customer experience.

Activer Solutions specializes in insurance operations and technology services for the front, middle, and back office operations of property and casualty insurers. The company’s flexible and targeted solutions adapt and integrate into existing workflows and enable insurers to rapidly respond to new opportunities to gain a competitive advantage and grow in an ever-changing market.

ChainThat offers enterprise solutions utilizing blockchain technology, distributed ledger technology (DLT), and smart contracts to enhance collaboration among insurers, reinsurers, brokers, and managing general agents (MGAs). The company emphasizes customer-centric solutions for commercial and specialty insurance and reinsurance, aiming to improve operational productivity and ensure data quality. Its Insurance Blockchain Framework (CT-IBF) enables applications across the insurance value chain, including areas such as placement, contract management, claims administration, and accounting. By facilitating peer-to-peer interactions, ChainThat seeks to streamline processes and deliver strategic benefits within the insurance ecosystem.