FRISS completed the acquisition of Terrene Labs.

FRISS, a provider of AI-powered fraud, risk and compliance solutions, completed the acquisition of Terrene Labs, a provider of solutions for next-generation digital underwriting. Financial terms were not disclosed. "We’re bringing commercial lines to the digital age together. True risk insights were always hard to access and we’re changing that. Combined with the analytics capabilities of FRISS, vast data will no longer be so overwhelming – our customers can now make better decisions and they can make them much faster," Jeroen Morrenhof, Friss CEO and Co-Founder.