FRIDAY Newsroom

In the wake of the sale of its customer portfolio to Allianz Direct, announced in October 2024, FRIDAY will open its state-of-the-art IT platform to third parties in the coming months.

As a digital insurer, FRIDAY has fully digitalized its value chain, from sales to claims processing. Built on the market-leading Guidewire technology, FRIDAY's cloud-based platform now offers businesses a unique opportunity to accelerate their own transformation projects.

Basel, 29 October 2024. At the investor update on 12 September, Baloise announced that it would be concentrating on the high-margin areas of its business as a result of the refocusing strategy. With this in mind, and following an extensive review, Baloise is selling its portfolio holdings in digital insurer FRIDAY to Allianz Direct Versicherungs- AG.

FRIDAY expands its offering to include private liability insurance and continues to grow towards becoming the most popular digital insurer. Customers can find the new offer on Check24 (price comparison website), followed by the direct and broker channels later this year.

After the successful market launch in France last year, FRIDAY is now continuing its growth strategy with an expanded insurance offering. As of now, houses and second homes can be insured, and non-occupying owners can now insure their rented apartment or house with FRIDAY.

FRIDAY, the leading digital insurer in Germany, today launches its insurance business in France. Effective immediately, interested parties can sign up for multi-risk home insurance at www.gofriday.fr. In France, too, FRIDAY's insurance products are consistently geared to the customer's desire for simplicity and ease of use. The launch in France is the next step for the company on its way to becoming the most popular European digital insurer. FRIDAY aims to create an insurance experience that customers love.

FRIDAY’s insurance products are firmly geared towards customer demand for simplicity and peace of mind, and the French offering will be no exception. “The foundation is FRIDAY’s exceptional digital experience. By offering simple processes and innovative products, we want to become the leading digital insurer in France,” says Christoph Samwer, CEO of FRIDAY.

FRIDAY, Germany’s leading digital insurance company, has completed a round of financing. SevenVentures, the financial investor of ProSiebenSat.1 Media SE and the media investor German Media Pool are investing together 39 million euros. 

FRIDAY, the digital motor insurance insurer, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that FRIDAY is using Guidewire InsurancePlatform™ products to support its business processes and drive its digital insurance model.