Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
In today's online landscape, where fraudsters thrive, insurers face significant challenges, as reports indicate that 18% of all claims involve fraudulent elements, making it a serious issue rather than a victimless act. FRISS steps in to safeguard insurers by facilitating a secure digital transformation that seamlessly integrates with their existing systems, enhancing transparency in the insurance process, nurturing robust portfolios, and boosting customer satisfaction. We hold a strong belief that insurance can be a valuable service, and we strive to provide a user-friendly experience that aligns with modern digital demands through a remarkably straightforward interface. By streamlining data collection, we enhance and simplify the process, consolidating insights from a mix of traditional and nontraditional sources to create a comprehensive understanding of each risk. Our platform manages the complexities of data analysis, allowing you to concentrate on delivering quality underwriting. Moreover, our software assesses risks based on real-time conditions and reveals any violations, questionable business practices, and previously obscured information, which aids in maintaining integrity and verifying essential licenses and inspections. This commitment to honesty and thoroughness ultimately benefits both insurers and their clients, fostering a more trustworthy insurance environment.
Description
Oracle's Digital Insurance Platform equips insurance companies with the tools needed to create cutting-edge solutions and outstanding digital experiences for customers. This all-encompassing system simplifies everything from sales channels to back-office functions, allowing for quick introduction of new products and easy adaptation to changes. By leveraging real-time analytics, insurers can acquire critical insights that support better decision-making processes. The platform accommodates both individual and group life insurance, as well as annuities, by integrating underwriting, policy management, billing, and claims handling into one streamlined system. Health insurance providers experience enhancements in enrollment procedures, premium billing, and claims processing, which leads to greater member satisfaction thanks to clear and tailored services. Furthermore, the platform improves the bancassurance process by facilitating immediate connectivity between banks and insurance firms, which guarantees efficiency, uniformity, and trust. This interconnected approach fosters a more dynamic insurance environment, ultimately benefitting both providers and their clients.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
FRISS
Founded
2006
Country
Netherlands
Website
www.friss.com
Vendor Details
Company Name
Oracle
Founded
1977
Country
United States
Website
www.oracle.com/financial-services/insurance/
Product Features
Fraud Detection
Access Security Management
No
Check Fraud Monitoring
No
Custom Fraud Parameters
Yes
For Banking
No
For Crypto
No
For Insurance Industry
Yes
For eCommerce
No
Internal Fraud Monitoring
No
Investigator Notes
Yes
Pattern Recognition
Yes
Transaction Approval
Yes
Product Features
Insurance Claims Management
CRM
No
Claims tracking
No
Customer portal
No
Document management
No
EDI data exchange integrations
No
Electronic claims
No
Fraud management
No
Reporting
No