FRISS supports honest insurance. Our question to the insurance industry is: “Why should sincere customers pay for those who commit fraud?”
AI powered fraud detection
FRISS has a 100% focus on automated fraud and risk detection for P&C insurance companies worldwide. The AI powered risk and fraud detection solutions for underwriting, claims and SIU help insurers to grow their business. FRISS detects fraud, mitigates risks and supports digital transformation. Insurers lower their loss ratio, enable profitable portfolio growth and improve your customer experience.
Ready-to-use business solutions
Insurance companies go live within 6 months, with fixed price projects, and realize an ROI within 12 months. The ready-to-use business solutions combine analytics, AI and machine learning techniques with expert knowledge from 150+ implementations at insurers around the world. FRISS turns data into actionable insights and seamlessly integrates with your core insurance processes.
White box FRISS Score
The real time FRISS Score is the core of our solutions and indicates the risk for each policy or claim. The score combines expert business knowledge out of 10+ years of insurance experience, specific business configurations, proprietary data and external data sources. It provides a white box, holistic view on fraud and risks.