Company Information

Get to know Friss

Founded in 2006, Friss is a technology company dedicated to making insurance more honest through AI-powered solutions. The company provides a platform for P&C (Property & Casualty) insurance carriers that helps them with fraud detection, risk assessment, and compliance at various stages, including underwriting, claims, and special investigations (SIU). Serving over 250 insurers in more than 40 countries, Friss aims to deliver a safe digital environment and enable straight-through processing (STP). In 2021, Friss was acquired by Guidewire, a leading platform for the P&C insurance industry, to further enhance its fraud and risk management capabilities.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance
Financial Wealth Management

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Friss

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Founded in

21 Aug 2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.