Guidewire Software

FRISS has 100% dedication to fraud, risk and compliance for non-life insurance companies worldwide. FRISS helps insurers to achieve profitable portfolio growth and improve their perception in the market as a trustworthy insurer. FRISS is a ready-to-use business solution and improves the insurers' loss ratios by identifying high risks and fraud at quotation, underwriting and claim handling across all private and commercial lines. The FRISS® Score enables better decisions since it indicates the risk for each quotation, policy or claim. FRISS is global market leader with 150+ implementations in over 30 countries. FRISS (www.friss.com) offers a complete solution for fraud, risk and compliance. ☆ Risk assessment at underwriting ☆ Generate profitable growth for your portfolio by real-time automated detection and assessment of risks during the underwriting process. It is important to prevent fraud and assess risks by having a holistic view of prospects before they enter your portfolio. The FRISS underwriting solution provides an intelligent and uniform risk estimation, which is proven to improve the combined ratio significantly. ☆ Prevent and detect fraud at claims ☆ The general assumption is that, at average, around 10% of all Insurance Claims are tied to some sort of fraud. In order to finance these malicious claims, we all pay additional for our Insurance Policies. Three things are important: - How to detect fraud correctly and efficiently? - How to detect malicious customers in time? - How do you handle this in your daily operational business? Reduce your loss ratio by increasing the chances of detecting fraud and limit false positives to a minimum. Use automated fraud detection during the claims process to make an accurate and objective estimation of the risks related to a claim. It improves straight through processing (STP), and claims that need further attention will be recognized directly. ☆ Become and stay compliant ☆ Compliance concerns all insurance processes. Become and stay compliant with the latest legislation and regulations. Knowing and screening your customers will prevent reputational damage and avoids high penalties. Gain insight into Ultimate Beneficial Owners (UBOs). This will enhance the quality of your underwriting process. Furthermore, administrative burdens will be reduced to a minimum. FRISS is recognized by Gartner in 2014 as the European market leader and striving to become the global leader.

HOVER Inc. develops a home measurement application that generates interactive 3D models of properties. Its application assists exterior contractors with interactive 3D models and exterior measurements of properties; enables insurance markets to create estimates and adjust claims with photos and property measurements; and enables homeowners to visualize final projects, receive estimates from contractors, and get insurance claims processed. HOVER Inc. has a strategic partnership with SRS Distribution Inc. The company was founded in 2011 and is based in San Francisco, California.

HOVER Inc. develops a home measurement application that generates interactive 3D models of properties. Its application assists exterior contractors with interactive 3D models and exterior measurements of properties; enables insurance markets to create estimates and adjust claims with photos and property measurements; and enables homeowners to visualize final projects, receive estimates from contractors, and get insurance claims processed. HOVER Inc. has a strategic partnership with SRS Distribution Inc. The company was founded in 2011 and is based in San Francisco, California.

As of March 31, 2016, Psiog Data Science Private Limited operates as a subsidiary of Guidewire Software, Inc.

ISCS, Inc. designs and develops a Web based policy administration suite. It offers The SurePower Innovation Policy Administration, a platform that provides policy administration, claims, billing, underwriting, reinsurance, accounting, and payable services. The company caters of US property and casualty insurance market. ISCS, Inc. was founded in 1994 and is based in San Jose, California. As of February 16, 2017, ISCS, Inc. operates as a subsidiary of Guidewire Software, Inc.

Cyence Inc. provides a platform for the economic modeling of cyber risk for the insurance industry globally. It offers Cyence, an analytics platform that quantifies the financial impact of cyber risk. The company’s Cyence is used by insurance industry professionals to prospect and select risks; assess and price risks; manage risk portfolios and accumulations; and provide new insurance products to the market. Cyence Inc. was incorporated in 2014 and is based in San Mateo, California. As of November 1, 2017, Cyence Inc. operates as a subsidiary of Guidewire Software, Inc..

Veruna LLC develops software for insurance brokers and agencies. The product can be used for sales management, client management, accounting, document and forms management, integrations, reports, and dashboard creation. Additionally the company provides business consultancy services such as product customization, professional services, and operational consulting to insurance brokers and insurance agencies. Veruna LLC was founded in 2015 and is based in Hopkinton, Massachusetts.

Akur8 is a developer of an AI-driven insurance pricing platform designed to provide AI-powered pricing automation and optimization for insurance carriers. The company's platform integrates with leading-edge algorithms dedicated to insurance pricing that can immediately spot anomalies and discover new patterns using which models can be built 10 times faster than with traditional solutions, enabling insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months.

Indico Data Solutions, INC. develops an enterprise artificial intelligence-based solution for unstructured content process automation. Its platform enables enterprises to create customized machine learning models using smaller data sets and machine learning tools. Indico Data Solutions, INC. was founded in 2013 and is based in Boston, Massachusetts.

Cyence Inc. provides a platform for the economic modeling of cyber risk for the insurance industry globally. It offers Cyence, an analytics platform that quantifies the financial impact of cyber risk. The company’s Cyence is used by insurance industry professionals to prospect and select risks; assess and price risks; manage risk portfolios and accumulations; and provide new insurance products to the market. Cyence Inc. was incorporated in 2014 and is based in San Mateo, California. As of November 1, 2017, Cyence Inc. operates as a subsidiary of Guidewire Software, Inc..

FirstBest Systems, Inc. provides software solutions for property and casualty insurers. It offers solutions that include underwriting workstations, agent portals, agency connectivity, and new business systems; FirstBest UMS, which combines underwriting and business analyst workstations with a Web 2.0 agent portal; FirstBest Agent, a point-of-sale portal for new business and renewals with supplemental data, shared documents, notes, and email notifications; and FirstBest Application Form Reader, an automatic form image translator. The company also provides FirstBest Front Office Suite that brings agents, brokers, MGAs, MGUs, and underwriters together in a collaborative underwriting process that incorporates business rules, collaboration and knowledge management tools, activities, predictive analytics, and information needed to submit, evaluate, quote, and close business. The company was founded in 2006 and is based in Bedford, Massachusetts. FirstBest Systems is now part of Guidewire Software.

Through the application of its secure, patent-pending technology, CHAMPtitles ends the reliance on legacy systems to manage U.S. automobile titles. CHAMPtitles partners with each party in the vehicle title ecosystem to reduce their costs in handling titles, turning the burdensome administrative process of issuing a vehicle title into a profitable activity.

ISCS, Inc. designs and develops a Web based policy administration suite. It offers The SurePower Innovation Policy Administration, a platform that provides policy administration, claims, billing, underwriting, reinsurance, accounting, and payable services. The company caters of US property and casualty insurance market. ISCS, Inc. was founded in 1994 and is based in San Jose, California. As of February 16, 2017, ISCS, Inc. operates as a subsidiary of Guidewire Software, Inc.

Imburse solves the integration problem between companies and the global payments ecosystem, ensuring any payment technology (collect or payout), any payment system (consumer, inter-bank, voucher) can be brought online in minutes, at zero cost. This helps accelerate deployment of payment technology and reduce the costs associated with deployment. Through Imburse, companies are reducing costs, increasing efficiencies, modernising systems and better engaging consumers. We help CFOS, COOs and CMOs to better engage customers and to drive business efficiency topics. The Imburse platform is an enterprise SaaS solution that supports multi-tenancy deployments.

Shift Technology delivers the only AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactions to date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.

Imburse solves the integration problem between companies and the global payments ecosystem, ensuring any payment technology (collect or payout), any payment system (consumer, inter-bank, voucher) can be brought online in minutes, at zero cost. This helps accelerate deployment of payment technology and reduce the costs associated with deployment. Through Imburse, companies are reducing costs, increasing efficiencies, modernising systems and better engaging consumers. We help CFOS, COOs and CMOs to better engage customers and to drive business efficiency topics. The Imburse platform is an enterprise SaaS solution that supports multi-tenancy deployments.

EagleEye Analytics’ client list includes some of the top P&C insurance carriers in the U.S. and Canadian markets, including three of the top 10 and several more in the top 20 in the US alone. In addition, we have many clients in the middle market, with volumes ranging from $66 million to $23 billion in annual DWP. A majority of our client engagements are based in U.S. and Canada, but we are also present in Europe and Oceana, and piloting work in Asia.

EagleEye Analytics’ client list includes some of the top P&C insurance carriers in the U.S. and Canadian markets, including three of the top 10 and several more in the top 20 in the US alone. In addition, we have many clients in the middle market, with volumes ranging from $66 million to $23 billion in annual DWP. A majority of our client engagements are based in U.S. and Canada, but we are also present in Europe and Oceana, and piloting work in Asia.

Flyreel, Inc. designs and develops a platform that guides users in underwriting property insurance. The company’s platform uses artificial intelligence; and guides users through the underwriting process using insurance specific computer vision, creating a detailed baseline record of the property and its contents. Flyreel, Inc. was formerly known as MyFactals, Inc. and changed its name to Flyreel, Inc. on March 2018. The company was incorporated in 2013 and is based in Denver, Colorado.

Flyreel is the most advanced AI-assisted underwriting solution for commercial and residential properties. Our mobile AI assistant adapts and guides users through the underwriting process using insurance-specific computer vision, creating a detailed baseline record of the property and its contents. Flyreel's solution improves the customer experience and reduces inefficiencies with automation powered by Artificial Intelligence.

Millbrook’s innovative approach to safe data integration, using enterprise insurance data models helps minimize business disruption and reduce risk during new data migration deployments such as new policy or claims system implementations. From this end-to-end, highly effective approach, Millbrook clients receive qualitative and quantitative benefits, which often have a significant and positive impact on bottom-line results.

Betterview provides property insight and workflow tools for Insurance companies to improve the customer experience by accelerating decisions and improving risk at every point of the lifecycle.

Through the application of its secure, patent-pending technology, CHAMPtitles ends the reliance on legacy systems to manage U.S. automobile titles. CHAMPtitles partners with each party in the vehicle title ecosystem to reduce their costs in handling titles, turning the burdensome administrative process of issuing a vehicle title into a profitable activity.

Betterview provides property insight and workflow tools for Insurance companies to improve the customer experience by accelerating decisions and improving risk at every point of the lifecycle.

Through the application of its secure, patent-pending technology, CHAMPtitles ends the reliance on legacy systems to manage U.S. automobile titles. CHAMPtitles partners with each party in the vehicle title ecosystem to reduce their costs in handling titles, turning the burdensome administrative process of issuing a vehicle title into a profitable activity.

Betterview provides property insight and workflow tools for Insurance companies to improve the customer experience by accelerating decisions and improving risk at every point of the lifecycle.