FRISS is based in Utrecht, The Netherlands, and focuses on providing Trust Automation solutions for the P&C insurance industry. By employing advanced AI technologies, FRISS offers products designed to identify and manage risks and fraud in real-time for P&C insurers, Managing General Agents, and underwriting and claims teams.
Founded in 2006, FRISS offers services such as fraud detection software, risk analytics, and compliance screening. The company's business model is B2B and SaaS-based, functioning as a platform. Revenue is generated through usage-based and subscription models, alongside tiered pricing options, enabling their customer base to optimize portfolio value and maintain compliance.