TD Insurance Adopts FRISS AI-Based Risk Scoring to Fight Fraud

Anthony R. O’Donnell // January 26, 2022

(Image source: TDI homepage.) 

TD Insurance (TDI, Toronto), Canada’s largest direct-to-consumer insurer, has announced that it is expanding upon its manual and analytics-based fraud detection and prevention capabilities to include FRISS’s (Utrecht, Netherlands) AI-powered fraud risk scoring to better detect suspicious and fraudulent claims during the claims adjudication process. TDI implemented the FRISS Case Management Tool and Claims Fraud Detection solution in 2020, according to a joint announcement. In June 2021, TDI further enhanced this capability with the integration of FRISS into Guidewire Software’s (San Mateo, Calif.) ClaimCenter, TDI’s claims management system. This integration

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