In this episode, we explore why straight-through processing STP), the industry's go-to automation benchmark has become a trap. STP only counts claims that run fully touchless from FNOL to payment and that excludes the 88% of claims that still require human judgment. These claims land on the adjuster's desk and get handled as fully manual, not because they lack automatable work, but because STP's rules ignore them entirely, even when much of the repetitve and routine work inside them can be automated.
Michael Krikheli, Co-Founder & CTO of Five Sigma, unpacks the three levels of task-level automation—assist, recommend, and execute—and shares how Qover reduced claim costs by 35% by automating work within complex claims instead of chasing a higher touchless-claim rate.