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FRISS and Novum-RGI Celebrate Successful Collaboration

Oct 22, 2024

Novum RGI and FRISS
Novum RGI and FRISS
Novum RGI and FRISS

FRISS and Novum-RGI Celebrate Successful Collaboration – FRISS, a world leading provider of trust automation solutions for P&C insurers, and Novum-RGI, a leading provider of core insurance solutions, are proud to announce that earlier this year they completed the formal ratification of their collaboration, which recently resulted in the successful implementation of their collaborative solutions at die Bayerische, a well-established German insurer.

The synergy between Novum’s expertise in insurance software and FRISS’s cutting-edge claims fraud analytics creates a comprehensive solution that enhances the operational efficiency and increases customer satisfaction of P&C insurers. The collaboration aims to address the growing challenges of safely automating insurance processes and providing insurers with the tools they need to streamline operations and optimize fraud detection and risk mitigation processes.

This will enable insurers to deliver an even better customer experience to the vast majority of valued customers by resolving their claims quickly.

Quotes:

Bas de Graaf, Partner Manager of FRISS, added, “A partnership is only valuable when it effectively integrates complementary strengths to meet specific customer needs. The successful implementation at Die Bayerische is a tangible result of this. We look forward to further expand our partnership with Novum-RGI to provide value for insurers and their clients.”

Kai-Uwe Reiter, Managing Director of Novum-RGI, said, “We are thrilled to partner with FRISS, a renowned leader in fraud detection solutions, to offer an integrated solution that meets the evolving needs of insurers. This collaboration not only enhances our core offering but also provides our clients with a powerful tool to combat fraud, thereby protecting their business and customers.”

This collaboration marks a significant step forward in the fight against insurance fraud, offering a scalable and efficient solution that delivers real value to insurers. Novum and FRISS are committed to continuing to innovate and expand their partnership to serve the needs of the insurance industry.

About FRISS:  FRISS is the leading provider of Trust Automation solutions for insurers. Real-time, data-driven scores, and insights prevent fraud and give instant confidence and understanding of the inherent risks of all customers and interactions.  

Based on next generation technology, the Trust Automation Platform allows to confidently manage trust throughout the insurance value chain – from the first quote all the way through claims and investigations when needed.  

Thanks to FRISS, trust is normalized throughout the organization, enabling consistent processes to flag high risks in real time. www.friss.com    

About Novum-RGI: Novum-RGI is a leading provider of innovative core systems for the insurance industry, offering comprehensive software solutions that streamline operations, improve customer service, and enhance decision-making capabilities.

For more information, please contact: info@novum-rgi.de

Read our 2024 Fraud Report

Read our 2024 Fraud Report

Read our 2024 Fraud Report