FRIDAY

FRIDAY

Speeding forward to competitive advantage

In my opinion, an insurance company should consider itself to be a tech company and move at the same speed as Google or Facebook technology-wise.

Silvan Saxer

COO
FRIDAY
  • 60 days to production of a digital platform

  • Enabled insurer to fill a gap in the market with first-ever innovative products

How FRIDAY engages, innovates, and grows efficiently

With the goal of competing as the most modern insurer in Germany, FRIDAY is the first digital full-service Personal lines car insurer in Germany to offer an innovative type of coverage paid by the kilometer. The success seen by this greenfield upstart insurer (founded in 2016 with the support of Swiss insurer Bâloise Group) is due in no small part to its pioneering spirit, employing digital experts along with insurance academics, economists, and experienced entrepreneurs.

The FRIDAY team, along with Guidewire PartnerConnect member PwC and Guidewire Professional Services, kicked off the deployment of the Guidewire platform project in June 2017. The goal was to have the system fully operational in 60 working days. FRIDAY uses Guidewire 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.

About FRIDAY

Headquarters: Berlin
Operations: Germany
Business Lines: Personal

Guidewire products that make it happen

InsuranceSuite

Engage, innovate, and grow efficiently with the most advanced insurance platform in the world.

InsuranceSuite

Engage, innovate, and grow efficiently with the most advanced insurance platform in the world.

PolicyCenter

Deliver the insurance products that your policyholders need where and when they want them.

ClaimCenter

Resolve claims faster, exceed customer expectations, and ignite innovation with the P&C industry's most trusted claims management solution.

BillingCenter

Create an exceptional customer experience with a balance of prebuilt models and flexible architecture that support all the ways your policyholders pay—today, tomorrow, and into the future.

Data Platform

Unlock unlimited potential with data. Make data-driven decisions to grow business profitably with internal and external data powered by Guidewire Data Platform.

Business Intelligence

Measure and monitor your performance for optimal outcomes. Instantly discover opportunities for improved business efficiency to guide transformation and win against your peers with Business Intelligence.

Related stories

Basler Versicherung AG Schweiz

With Guidewire, BaslerVersicherungAG Schweiz reduced training time, product launch time, and time to make rating changes.

Basler Versicherung AG Schweiz Read more

Read more

MACIF

In 10 months, MACIF implemented cloud-based core systems to increase operational efficiencies for commercial motor business.

MACIF Read more

Read more

Aviva Italy

To reduce the time to get products to market, Aviva Italy used Guidewire to create a fully digital, omnichannel-enabled platform.

Aviva Italy Read more

Read more

P&V Group

Guidewire supports a transformation of P&V Group’s end-to-end, non-life operations and a rejuvenated customer experience.

P&V Group Read more

Read more

Basler Versicherung AG Schweiz

With Guidewire, BaslerVersicherungAG Schweiz reduced training time, product launch time, and time to make rating changes.

Basler Versicherung AG Schweiz Read more

Read more

Navigate what's next.