FRISS
Founded Year
2006Stage
Incubator/Accelerator - II | AliveTotal Raised
$84.1MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-92 points in the past 30 days
About FRISS
FRISS focuses on risk assessment automation for property and casualty (P&C) insurance carriers. The company offers a platform that provides real-time analytics to understand and evaluate the inherent risks in customer interactions, aiming to enhance trust and efficiency in insurance processes. FRISS's solutions enable insurers to automate underwriting, accelerate claims processing, and conduct structured investigations into suspicious activities. It was founded in 2006 and is based in Mason, Ohio.
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FRISS's Product Videos
ESPs containing FRISS
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The insurance fraud detection market provides automated solutions for identifying and preventing fraudulent activity across the insurance lifecycle. Vendors leverage artificial intelligence, machine learning, and data analytics to help insurers improve operational efficiency, reduce claims processing costs, and enhance customer experiences. These platforms integrate internal and external data sour…
FRISS named as Outperformer among 15 other companies, including Verisk, FICO, and Genpact.
FRISS's Products & Differentiators
FRISS Underwriting Analytics
Empowers underwriters with a cutting-edge risk assessment solution that streamlines the underwriting process with advanced analytics and real-time insights. It helps carriers to enhance decision-making, reduce risks, and optimize efficiency with our innovative technology tailored for superior underwriting outcomes.
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Research containing FRISS
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned FRISS in 1 CB Insights research brief, most recently on Dec 18, 2023.
Dec 18, 2023
The P&C claims tech stack market mapExpert Collections containing FRISS
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
FRISS is included in 6 Expert Collections, including Regtech.
Regtech
1,453 items
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Insurtech
4,636 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Insurtech 50
100 items
Report: https://app.cbinsights.com/research/report/top-insurtech-startups-2022/
ITC Vegas 2024 - Exhibitors and Sponsors
699 items
Created 9/9/24. Updated 10.22.24. Company list source: ITC Vegas. Check ITC Vegas' website for final list: https://events.clarionevents.com/InsureTech2024/Public/EventMap.aspx?shMode=E&ID=84001
ITC Vegas 2025
496 items
Based on sponsor list as of 9.22.2025
Latest FRISS News
Feb 6, 2025
“Our ongoing efforts to bring more innovative technology to FCCI align perfectly with what FRISS offers.” “We owe it to our policy holders and stakeholders to tackle fraud head-on,” Crow adds. “Claims fraud is a growing issue in our industry, and we need advanced technology to spot the bad actors. The FRISS solution will help us find and resolve fraudulent claims, uncover fraud schemes and address the root causes that lead to higher premiums for honest policy holders. Plus, it will enhance our operational efficiency to support our amazing team here at FCCI.” Yogesh Sapre, President of Americas, FRISS. Leveraging Industry Partnerships “The technology initiatives that FCCI is engaged in now are going to pay off in the long run, and it is an honor for us to be a part of that,” comments Yogesh Sapre, President of Americas, FRISS. “FCCI will benefit from FRISS’ strong partnerships with industry leaders like Guidewire via deep, pre-built integrations, and Verisk through pre-built consumption of industry-wide data that drives claims efficiencies and improves outcomes. FRISS is making a strong commitment to continually improve FCCI’s anti-fraud efforts. We’re looking forward to a long and productive partnership.”
FRISS Frequently Asked Questions (FAQ)
When was FRISS founded?
FRISS was founded in 2006.
Where is FRISS's headquarters?
FRISS's headquarters is located at 4700 Duke Drive, Mason.
What is FRISS's latest funding round?
FRISS's latest funding round is Incubator/Accelerator - II.
How much did FRISS raise?
FRISS raised a total of $84.1M.
Who are the investors of FRISS?
Investors of FRISS include Lloyd's Lab, Accel-KKR, Plug and Play Insurtech, BlackFin Capital Partners, Aquiline Capital Partners and 3 more.
Who are FRISS's competitors?
Competitors of FRISS include Dodgeball, Pinpoint Predictive, Quantexa, EvolutionIQ, Planck and 7 more.
What products does FRISS offer?
FRISS's products include FRISS Underwriting Analytics and 4 more.
Who are FRISS's customers?
Customers of FRISS include Santalucia Seguros, UNIQA, IAG New Zealand and Risk.
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Compare FRISS to Competitors
Shift Technology specializes in AI decision-making solutions for the insurance industry. The company offers a suite of products that automate and optimize decisions in areas such as fraud detection, claims processing, and underwriting risk assessment. Its AI-driven tools are designed to enhance operational efficiency and improve the policyholder experience. It was founded in 2014 and is based in Paris, France.
Carpe Data provides predictive data analytics and artificial intelligence solutions for the insurance industry. The company offers services for fraud detection, claims processing, and small commercial underwriting using data science techniques and AI. Carpe Data serves the insurance sector with products aimed at improving the efficiency and accuracy of claims and underwriting operations. It was founded in 2016 and is based in Santa Barbara, California.
Charlee.ai focuses on artificial intelligence and predictive analytics in the insurance sector. The company provides solutions for insurance providers to manage claims litigation and reserve management processes. Charlee.ai was formerly known as Infinilytics. It was founded in 2016 and is based in Pleasanton, California.
InsurAnalytics is a data analytics company focused on the insurance sector, specializing in data analysis. The company provides AI and machine learning solutions for claims processing and predictive analytics. InsurAnalytics serves the insurance industry with its cloud-based solutions. It was founded in 2018 and is based in Mountain View, California.
CLARA Analytics operates in the insurance sector, focusing on claims management. The company provides machine learning products that assist in claims processing by analyzing medical notes, bills, and other claim-related documents. It was founded in 2017 and is based in Sunnyvale, California.
ZestyAI provides AI-powered risk assessment solutions for the property and casualty insurance industry. The company offers peril-specific risk models for natural disasters and environmental hazards, along with property insights to assist in underwriting and pricing decisions. ZestyAI's services are used by the insurance sector for risk management and decision-making. ZestyAI was formerly known as PowerScout. It was founded in 2015 and is based in San Francisco, California.
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