FRIDAY opens cutting-edge Guidewire platform to third parties

Berlin, 04.02.2025 – 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.

The innovative IT platform enables quick integration and market launch of insurance products within three to five months, specifically tailored to the needs of the European insurance market. Modern front-end applications – including fully automated policy sign-ups, customer portals, and digital claims processes – ensure seamless customer interaction. Meanwhile, Guidewire-powered modules for policy administration, billing, and claims management form the core of the platform. An ecosystem of microservices provides maximum flexibility for applications, while a modern data architecture supports data-driven business models, enabling rapid scaling and growth.

"Given the developments at FRIDAY, the market has a unique chance to benefit from a proven, cutting-edge platform that delivers a clear competitive advantage. Our platform allows European insurers to bypass the typical challenges of adopting new technologies and save valuable time in launching products. Time-consuming adaptations to local market requirements, integration hurdles with existing IT landscapes, or inefficient project teams often delay go-to-market efforts. With this platform, insurers can be live within three to five months," says Jakub Król, CTO of FRIDAY.

The cloud-based IT platform has been successfully deployed in the digital B2C and B2B2C insurance markets in Germany and France. Key benefits include:

-Based on the market-leading Guidewire software

-Features an EU-specific Guidewire layer for products such as motor insurance, personal liability, and home contents insurance in Germany, as well as multirisque habitation insurance in France

-Fully operational and already established in the EU market

-Supported by an experienced team with extensive expertise in platform development and operations

-Modular architecture, allowing seamless integration into existing systems

Since its founding in 2017, FRIDAY has provided a highly valued insurance experience in Germany and France, driven by modern technology and digital solutions. Its products consistently cater to customer demands for simplicity and ease of use. This customer-centric approach and service excellence are reflected in ratings on consumer platforms. In Germany, FRIDAY has received positive reviews on platforms like Trustpilot and Google, while in France, FRIDAY is the highest-rated insurer on Trustpilot, with a score of 4.7 out of 5 stars.

About FRIDAY:
FRIDAY is a digital insurer with a European insurance license, dedicated to creating a new type of insurance experience that meets the demands of today.

FRIDAY is transforming the insurance landscape through the use of cutting-edge technology and fully digital solutions. Its products are designed to meet customer demands for simplicity and security. FRIDAY has introduced numerous innovations to the German insurance market, including pay-per-kilometer billing, paperless management, and the option for daily cancellation.

The company was founded by an experienced team of entrepreneurs in Berlin with support from the Baloise Group, a leading Swiss insurer. As one of the few European InsurTech companies, FRIDAY is a true full-stack insurance company capable of managing the entire value chain, from underwriting to sales.

Kontakt: press@friday.de