FRISS, an AI-powered fraud and risk solution provider for P&C insurers, has partnered with FIN-X, a research initiative by the University of Applied Science Utrecht that focuses on innovative technologies and responsible artificial intelligence (AI).
According to FRISS, this partnership underscores the company’s commitment to further advancing responsible AI practices within the insurance ecosystem, and aligns with its dedication to unleashing the full potential of AI technologies while mitigating risks.
FRISS has recognised the importance of responsible AI development, as it currently plays a pivotal role in transforming the insurance sector
“The collaboration with FIN-X represents a significant step and aims to remain at the forefront of ethical and compliant use of artificial intelligence in insurance,” the firm stated.
Through this partnership, FRISS will leverage the latest research and insights in responsible AI, ensuring that their solutions not only meet but exceed industry standards for ethical and compliant use of artificial intelligence.
Richard Bakker, Head of Data Science at FRISS explains: “As we navigate the rapidly evolving landscape of AI in insurance, responsible innovation remains at the core of our mission. The collaboration with FIN-X represents a strategic partnership that will bring FRISS to new heights in ethical AI development, benefitting insurers and the industry as a whole.”
He continued: “At FIN-X, we are thrilled to partner with FRISS, a company known for its commitment to innovation and responsible AI, adds Dr. Martin van den Berg, Head of Research at FIN-X. “Together, we aim to contribute valuable insights to the ongoing dialogue surrounding ethical AI practices, and explainable AI in particular, in the insurance industry, fostering a culture of compliance and innovation.”
