End-to-end P&C insurance fraud analytics solutions powered by next generation AI
Today’s digital world is a fraudster paradise, yet an insurer nightmare. And with 18% of all claims said to contain elements of fraud, it is not a victimless crime. FRISS protects insurers by enabling safe digital transformation straight from their core systems to make insurance more honest, grow healthy portfolios and increase customer satisfaction. Because we believe insurance is a beautiful thing.
Profitable Insurance with FRISS.
worldwide
screenings per year
fraud savings per year
satisfaction rating
Onboard new customers in a split second.
Reduce your loss ratio and focus on profitable portfolio growth. Assess risks real-time during the underwriting process and enable claims automation. Our clients realize an ROI immediately after going live.
Your benefits:
- Real-time Risk Assessment
- Straight-through Processing
- Data-driven Underwriting
Improve the customer experience by realizing fast pay-outs.
Detect fraud before claims are paid out. Benefit from predictive analytics and apply customer value models. Leverage internal and external data sources. Reveal networks and discover hidden patterns.
Your benefits:
- Real-Time Detection
- ROI within 12 months
- Seamless Integration
Benefit from tailored workflows to help investigators focus.
Payout genuine claims three times faster and onboard new customers in a split second to improve your end-to-end customer experience. Mitigate risks with a uniform and data-driven screening to maximize accuracy.
Your benefits:
- Efficient Workflow Management
- 130+ External Data Sources
- Structured Reporting
Expert industry knowledge embedded in our robust and proven solutions.
Our software solutions are designed, built and continuously fine tuned by experts with over 1,000 years of experience in the insurance industry. Over the last decade we successfully delivered 200+ implementations at carriers around the world. Together we make insurance more honest.
End-to-End Insurance Fraud Analytics.
Benefit from the experience of 200+ implementations at P&C insurers worldwide.
Each FRISS product works stand-alone and can seamlessly integrate into any core system (Guidewire, Duck Creek, Keylane and more). And to establish a SaaS end-to-end fraud and risk strategy, you can easily combine FRISS Risk Assessment, FRISS Fraud Detection and FRISS Investigation. We’ve got you covered.
Investigations
Benefits
- Efficient workflow management
- Structured reporting
- 130+ external data sources
- Intuitive UI designed
Fraud Detection
Benefits
- Real-Time detection
- AI, predictive analytics & more
- ROI within 12 months
- Seamless integration
Risk Assessment
Protect it against high risks and insurance
fraud. Onboard new customers in a split second.
Benefits
- Real-Time risk assessment
- Straight-Through processing
- Data-Driven underwriting
- Seamless customer onboarding
Insights
Protect it against high risks and insurance
fraud. Onboard new customers in a split second.
Benefits
- Real-Time risk assessment
- Straight-Through processing
- Data-Driven underwriting
- Seamless customer onboarding
FRISS was founded
Insurance years on board
Implementations at P&C insurers
Countries we are active in
Offices around the world
Screenings per year
Languages served
External data source plugins
Get a Demo
Automate risk assessment to get standardized, fast, unbiassed and holistic views of risks at policy request, renewals, claims. Seamlessly integrated in real-time in day-to-day operations. Leverage the power of predictive models, image analysis, network viewing capabilities, geolocation and more. Transfer flagged cases to special investigations. Increase your bottom line savings up to 10 times. Assess risks in real time. Pay out legitimate claims faster. Minimize false positives to spend time on cases that matter. Reduce fraud losses. Improve the customer experience. For commercial and personal lines. Onboard good customers in a split second. Be compliant with rules and regulations. Seamlessly integrate our software into your core systems. Grow healthy insurance portfolios and create moments of magic for your sincere customers. Autonomous Underwriting. Holistic underwriting insights. Low touch claims. Comprehensive case management.
