FRISS, the provider of fraud and risk solutions for the property/casualty insurance industry, announced the opening of its French office in Paris. At the same time FRISS is expanding their team, led by the country manager Nicolas Kaploun.
The expansion into France is a next phase of acceleration following a Series A funding in 2017 by French-based Blackfin Capital Partners and U.S.-based Aquiline Technology Growth. By building the team in France and opening a regional office, FRISS answers to the growing attraction from insurers for their AI-powered fraud detection solutions.
Utrecht, Netherlands-based FRISS hired seasoned professional Nicolas Kaploun as country manager. Kaploun has years of experience and held senior positions at Salesforce, Genesys, Business-Objects and MicroStrategy. He will leverage his extensive knowledge of the French market to help the insurance industry fight fraud, said FRISS in a statement.
“I am eager to expand the success of FRISS to France. Insurance fraud is a big issue around the world, and France is no exception,” said Kaplioun. “I feel that the moment is now for insurers to start leveraging the predictive modeling and machine learning capabilities of the FRISS platform to automate their fraud efforts. This will help insurers lower their loss ratio and help focus on the sincere customers.”
Source: FRISS
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