Solutions

Resources

Company

FRISS

FRISS

FRISS

Claims Analytics

Claims
Analytics

Claims Analytics

Reduce your loss ratio with AI-powered claims verification

Make real time decisions based on real time data. Score your claims within seconds. Determine follow-up directly. Add external data sources. Enable claims automation. Pay out genuine claims faster. Reduce your loss ratio.

Because of a few bad apples every claim must be investigated. The Trust Automation Claims solution automatically tells you which claims you should trust and which ones require a deeper expert review to scout for fraud – so you only pay out legitimate claims.

Put honest claims on a fast track

66% Decrease in Claims Handling Time

Our AI-Powered Insurance Fraud Detection software automatically detects suspicious claims, reveals networks, and discovers hidden patterns. Safely automate your processes, while leveraging transparent predictive models and text mining.

Your benefits:

  • Direct bottom line savings

  • Real-time actionable claim insights

66% Decrease in Claims Handling Time

Our AI-Powered Insurance Fraud Detection software automatically detects suspicious claims, reveals networks, and discovers hidden patterns. Safely automate your processes, while leveraging transparent predictive models and text mining.

Your benefits:

  • Direct bottom line savings

  • Real-time actionable claim insights

66% Decrease in Claims Handling Time

Our AI-Powered Insurance Fraud Detection software automatically detects suspicious claims, reveals networks, and discovers hidden patterns. Safely automate your processes, while leveraging transparent predictive models and text mining.

Your benefits:

  • Direct bottom line savings

  • Real-time actionable claim insights

75% Reduction in False Positives

Use automated fraud detection in your claims processes to reduce the number of false positives and score your claims in real time. Immediately reduce your number of referrals to SIU, process honest claims instantly, and increase customer satisfaction at the same time.

Your benefits:

  • Reduce false positives

  • Enable a frictionless customer experience

75% Reduction in False Positives

Use automated fraud detection in your claims processes to reduce the number of false positives and score your claims in real time. Immediately reduce your number of referrals to SIU, process honest claims instantly, and increase customer satisfaction at the same time.

Your benefits:

  • Reduce false positives

  • Enable a frictionless customer experience

75% Reduction in False Positives

Use automated fraud detection in your claims processes to reduce the number of false positives and score your claims in real time. Immediately reduce your number of referrals to SIU, process honest claims instantly, and increase customer satisfaction at the same time.

Your benefits:

  • Reduce false positives

  • Enable a frictionless customer experience

Increase Fast-Tracked Claims to 90%

Pay out genuine claims faster to improve your end-to-end customer experience. Mitigate risks with uniform and data-driven screening to maximize accuracy. Automatically detect suspicious claims. Safely enable straight-through processing.

Your benefits:

  • Proactive claims monitoring

  • Customer-centric workflow enablement

Increase Fast-Tracked Claims to 90%

Pay out genuine claims faster to improve your end-to-end customer experience. Mitigate risks with uniform and data-driven screening to maximize accuracy. Automatically detect suspicious claims. Safely enable straight-through processing.

Your benefits:

  • Proactive claims monitoring

  • Customer-centric workflow enablement

Increase Fast-Tracked Claims to 90%

Pay out genuine claims faster to improve your end-to-end customer experience. Mitigate risks with uniform and data-driven screening to maximize accuracy. Automatically detect suspicious claims. Safely enable straight-through processing.

Your benefits:

  • Proactive claims monitoring

  • Customer-centric workflow enablement

$9.2 Million in Fraud Savings Annually

Automatically and consistently screen policies and prospects according to your risk appetite. Establish a straight- through process by integrating seamlessly into Guidewire, Sapiens, Duck Creek, and any other core system with a minimal impact on resources from your IT department.

Your benefits:

  • Low risk, high impact onboarding

  • Instant value, reduced total cost of ownership

$9.2 Million in Fraud Savings Annually

Automatically and consistently screen policies and prospects according to your risk appetite. Establish a straight- through process by integrating seamlessly into Guidewire, Sapiens, Duck Creek, and any other core system with a minimal impact on resources from your IT department.

Your benefits:

  • Low risk, high impact onboarding

  • Instant value, reduced total cost of ownership

$9.2 Million in Fraud Savings Annually

Automatically and consistently screen policies and prospects according to your risk appetite. Establish a straight- through process by integrating seamlessly into Guidewire, Sapiens, Duck Creek, and any other core system with a minimal impact on resources from your IT department.

Your benefits:

  • Low risk, high impact onboarding

  • Instant value, reduced total cost of ownership

Don't take our word for it, hear what insurance leaders are saying:

I am confident FRISS cares about the partnership with EMC and their people care about the work they do and developing the rapport with us while working on the product.

Cari McDaniel

Cari McDaniel

SIU Manager EMC Insurance

By separating claims with low risk of fraud on a fast track, it standardizes and further speeds up claims screening at greater accuracy.

Blair Turnbull

Blair Turnbull

CEO Tower Insurance

By separating claims with low risk of fraud on a fast track, it standardizes and further speeds up claims screening at greater accuracy.

Blair Turnbull

Blair Turnbull

CEO Tower Insurance

Thanks to FRISS, we realized a total fraud savings of $21million within the first 2 years of being live, and increased our fraud savings per investigator from $550.000 to $2million.

Irene Reihs

Irene Reihs

Project Leader UNIQA

Thanks to FRISS, we realized a total fraud savings of $21million within the first 2 years of being live, and increased our fraud savings per investigator from $550.000 to $2million.

Irene Reihs

Irene Reihs

Project Leader UNIQA

Reduce your claims leakage.
Improve your customer experience.

Profitable insurance
with FRISS

Real-time
fraud detection

P&C insurance

knowledge

Implementations
worldwide

Proven insurance
track record

Implementations
worldwide

Seamless core system integrations

Implementations
worldwide

Start your end-to-end trust automation today!

We use cookies to give you the best online experience. Find out more on how we use cookies in our cookie policy.

We use cookies to give you the best online experience. Find out more on how we use cookies in our cookie policy.

We use cookies to give you the best online experience. Find out more on how we use cookies in our cookie policy.