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What is Shift Claims Fraud?

Shift Technology’s Claims Fraud platform revolutionizes insurance fraud detection by combining AI, data integration, and investigative tools into one solution. Designed specifically for insurers, it identifies fraudulent claims at first notice of loss (FNOL) and throughout the claims lifecycle, enabling carriers to act before damage escalates. Its advanced AI models continuously learn from millions of claims and cross-carrier data, uncovering hidden patterns and sophisticated fraud rings. With the Insurance Data Network, insurers benefit from industry-wide intelligence, gaining the ability to connect dots between people, providers, and claims in real time. This reduces false positives and ensures investigators focus on the highest-impact cases, ultimately accelerating resolution. Shift also integrates external data sources and offers eForm, workflow, and reporting features to enhance operational efficiency. Trusted by over 115 insurers, it has detected 13M+ suspicious claims and helped identify billions in fraudulent payouts. Global carriers like AXA, Assurant, and L’olivier report measurable benefits, from millions saved to improved fraud prosecution outcomes. Recognized by Celent as a luminary in fraud detection, Shift stands at the forefront of insurance technology innovation. By blending scale, speed, and intelligence, it equips claims teams, SIUs, and executives with a powerful weapon against fraud.

What is FRISS?

In the current digital environment, where deceitful practices are rampant, insurers encounter daunting obstacles, with statistics showing that 18% of all claims contain fraudulent components, underscoring the gravity of this issue. FRISS rises to the occasion, ensuring the protection of insurers by enabling a secure digital transformation that easily integrates with their current systems, thereby improving transparency throughout the insurance process, strengthening portfolios, and increasing customer satisfaction. We firmly believe that insurance should be a beneficial service, and we are dedicated to creating a user-friendly experience that meets contemporary digital expectations through an exceptionally intuitive interface. By optimizing data collection methods, we simplify the overall process while merging insights from both traditional and nontraditional sources, leading to a thorough understanding of each risk. Our platform adeptly navigates the intricacies of data analysis, allowing you to focus on providing superior underwriting services. Additionally, our software evaluates risks in real-time, uncovering violations, dubious business conduct, and previously hidden information, which aids in upholding integrity and validating necessary licenses and inspections. This dedication to transparency and detail not only enhances the relationship between insurers and clients but also contributes to a more reliable insurance landscape. Ultimately, our goal is to empower insurers to make informed decisions and foster a culture of accountability within the industry.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Shift Technology

Date Founded

2014

Company Location

France

Company Website

www.shift-technology.com/products/claims-fraud

Company Facts

Organization Name

FRISS

Date Founded

2006

Company Location

Netherlands

Company Website

www.friss.com

Categories and Features

Fraud Detection

Custom Fraud Parameters
For Insurance Industry
Investigator Notes
Pattern Recognition
Transaction Approval

Categories and Features

Fraud Detection

Custom Fraud Parameters
For Insurance Industry
Investigator Notes
Pattern Recognition
Transaction Approval

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