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FRISS Fraud Detection at Claims

FRISS Inc.

FRISS Fraud Detection at Claims

FRISS Inc.

Real-time AI fraud scoring for P&C insurance carriers.

Claims segmentation and Touchless Claims with AI Powered Insurance Fraud Detection


Use AI-powered fraud analytics 

As 97% of your customers are sincere, why should they suffer from processes to find the 3% dishonest people. With FRISS everyone gets the treatment they deserve. Sincere customers can be serviced swiftly, whilst high risk claims are automatically flagged for investigation. A hybrid detection model combines AI, instant-on standardized fraud indicators, analytical models, predictive models, external data sources, network analysis and insurance expert business rules, to screen each claim during the claims process. The solution can be seamlessly integrated in core insurance systems, so you can focus on your daily tasks.

AI-Powered Insurance Fraud Detection

Our AI-Powered Insurance Fraud Detection software helps you automatically detect suspicious claims. Reveal networks and discover hidden patterns. Detect fraudulent claims and safely automate your processes. Leverage transparent predictive models and text mining.

Your benefits:

- Direct bottom line savings
- Real-time actionable claim insights

Enable Claims Segmentation And Improve Customer Experience

Use automated fraud detection in your claims processes to reduce the number of false positives. Score your claims in a split second. Increase the number of avoided claims. Recognize genuine claims in real time. Increase customer experience by settling them quickly.

Your benefits:

-Reduce false positives
-Enable frictionless customer experience

Safely Enable STP

Payout genuine claims faster to improve your end-to-end customer experience. Mitigate risks with a uniform and data-driven screening to maximize accuracy. Automatically detect suspicious claims.

Your benefits:

-Proactive claims monitoring
-Payout genuine claims faster

Seamless Integration Into Any Core System

Our SaaS business solution has been successfully implemented at 175+ insurers in 40+ countries. Each project goes live within 4 months at a fixed price. Our clients realize instant ROI. FRISS integrates seamlessly into Duck Creek, Guidewire, Keylane and many more core systems. This results in a minimal impact on resources from your IT department.

Your benefits:

-Low risk, high impact onboarding
-Instant ROI, reduce total cost of ownership (TCO)

IMPORTANT:

In order to purchase FRISS Fraud detection solutions, please click the GET IT NOW button on the top left of the page.

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