In the claims process, FRISS enables Folksam to improve its loss ratio by increasing the chances of detecting fraud and limit false positives to a minimum. This helps Folksam to become more effective at fraud investigation by directly recognizing claims that need further attention or require active follow-up.
Results after implementing FRISS solution:
- 20% more fraud investigations
- FRISS Solution designed to specifically address the unique needs of insurance businesses.
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With AI technology and data, FRISS detects and prevents fraud. For us, that is Honest Insurance.
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