FRISS News

Experts Puzzled by Decline in Insurance Fraud Tips via Technology

Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two years, the Coalition Against Insurance Fraud reported …

Insurance Fraud Investigators Ramp Up During Reopening, Even as Claims Volumes Drop

Fraud inevitably rises after natural disasters and during economic downturns. The COVID-19 pandemic has brought both conditions to the entire globe at once. Fraud-prevention advocates have long been warning about the coming increase in fraudulent claims. Data from Friss, a …

Insurtech FRISS and Munich Re Extend Partnership to Support Insurers Fighting Fraud

FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re to now support insurers in their fight against fraud. Following their successful cooperation in Latin America and Iberia, the partnership …

Al Specialists omni:us and FRISS Partner to Offer Claims, Fraud Detection Services

Two artificial intelligence providers — omni:us and FRISS — are teaming up to “supercharge” insurance claims management and fraud detection. omni:us is a provider of AI-based cognitive claims management service, while FRISS is a provider of AI-powered fraud and risk …

Anti-Fraud Specialist FRISS Expands into France

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 …