FRISS Fraud Detection
for Lower Loss Ratios

Anadolu Sigorta had a challenge with detecting fraudulent claims in the claims department. The results:

• ROI of 210% within 1 year
• Extra cost savings of 5 million Euro within 1 year
• Process efficiency from 15 days to 2.3 seconds

Using the FRISS tool we are breaking down the paradigm that the claims processes cannot be automated

• From Kick-Off to Go-Live in only 6 months
• 67% time saving at claim handling
• Reducing administrative costs

One of the largest insurers in Sweden fights fraud more effectively in both the claims and investigation process

• 20% more fraud investigations
• Solution is built and designed for the need of insurance business
• Continuously detecting and identifying suspicious claims

How do you build a profitable portfolio setting up a 100% online insurer?

• Know Your Customer with automated Risk Assessment
• Able to attract the right customers
• Continuously optimazing algoritmes

Reaal is a large Dutch insurer and uses FRISS solutions for all its insurance products. This enables the organization to fully focus on its customers.

• Seamless integration between internal & external data
• Healty Portfolio growth
• Creating a fraud fighting culture

One of the largest insurers in Germany fights fraud more effectively in both the claims and investigation process

• More effective fraud investigations
• Implementation within 6 months
• Hybrid model with Internal & external data models