FRIDAY

Product: InsuranceSuite, Add-on Modules, Guidewire Digital
Line of Business: Personal
Region: EMEA

FRIDAY is the first digital full-service car insurer in Germany to offer an innovative type of coverage paid by the kilometer. Founded in 2016, with the support of Swiss insurer Bâloise Group, FRIDAY employs 30 staff, including insurance academics, economists, experienced entrepreneurs, and digital experts. The pioneering Berlin-based company operates a digital insurance platform to provide ahead-of-the-curve solutions. Since March 2017, FRIDAY has offered the first monthly cancellable car insurance product in Germany, as well as additional innovations such as kilometer-accurate billing. The pay-per-kilometer motor insurance is considered to provide a matchless quality of flexibility and fairness to drivers in the German market.

FRIDAY uses Guidewire InsurancePlatform™ products to support its business processes and drive its digital insurance model. The insurer has already deployed Guidewire InsuranceSuite™ and Guidewire Rating Management™ as its platform for underwriting, policy administration, claims management, billing, and rating. It is also using Guidewire Digital™ APIs to enhance its customers’ digital experience. 

At FRIDAY, we aim to shape the future of insurance by offering and developing customer-centric products. Our first production release includes a mileage-based product, novel for the German market, and illustrates well our aim to provide customers with flexible insurance that suits their specific lifestyles. Moving forward, our ambition is to become the most popular mobile insurer in Germany.
Christoph Samwer CEO and Co-founder, CEO and Co-founder, FRIDAY
To be innovative in the insurance industry requires a high-quality, flexible core system and an outstanding front end. We believe that with Guidewire we have the right technology to achieve our business objectives of providing products that are best in class, scalable, and secure. The fact that we were able to deploy our platform so quickly, inside 60 working days, is a great achievement and entirely gratifying.
Silvan Saxer, COO, FRIDAY

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