Munich Re subsidiary ERGO Germany has implemented long-term partner FRISS's AI-powered fraud and risk solution for its personal motor, property and liability lines. The new system is based on the company's proprietary AI technology that uses machine learning to analyze data from a variety of sources including insurance claims, court documents, medical records and other sources.
Munich Re subsidiary ERGO Germany has implemented long-term partner FRISS's AI-powered fraud and risk solution for its personal motor, property and liability lines. The real-time tool will allow ERGO, which conducts around 90,000 screenings a month, to accelerate its claims management process.