FRIDAY launches its insurance business in France, its second European market

Paris / Berlin / Luxembourg 30.06.2021 - 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.

 

The French FRIDAY office is led by serial entrepreneur Jehan de Castet. The FRIDAY team in Paris is made up of seasoned experts from the local tech and insurance industries. "We will constantly evolve our insurance solution based on our customers' expectations and market feedback, delivering an exceptional customer experience," says Jehan, who knows the French insurance market as founder of the largest price comparison company in France.

 

Through its website www.gofriday.fr, FRIDAY addresses the growing customer need for digital insurance solutions developed on the basis of three core values: simple, digital, and sustainable. In the French market, FRIDAY is launching a multi-risk home insurance policy that offers peace of mind to both tenants and owners of apartments in the first step:

 

● More flexibility than required by “Loi Hamon”: FRIDAY's MRH insurance offers flexible cancellation and adjustment options for customers even in the first contract year. This is a flexibility that customers appreciate, as the insurance can be easily adapted to any changes in life and living situations. Thus, FRIDAY creates another opportunity to create a user-friendly and exceptional customer experience.

● Fair pricing combined with comprehensive insurance products: In addition to two product lines (Essentielle and Sérénité), FRIDAY offers various add-ons that provide customers with further personalization options. Most notably, the Zen mode is an innovation that allows a customer to take out additional coverage for further damage to the home and leisure activities. The result: another coverage gap is closed, and one can be sure to have really thought of everything. That's the FRIDAY definition of peace of mind.

● Hybrid customer service: digital channels combined with experienced insurance experts to provide personal support for advice, assistance services, claims processing, and to better understand customer needs for product optimization.

 

Since its founding in 2017, FRIDAY has been named "Best Digital Insurer" four times in a row. As the most popular and well-known digital insurer in Germany, FRIDAY has over 100,000 customers in its portfolio.  "Through simple processes and innovative products, we want to become the leading digital insurer in France as well," says Christoph Samwer, CEO FRIDAY.

 

By expanding into France, FRIDAY will become a truly European digital insurer. FRIDAY currently has a team in four locations in Europe: Paris, Berlin, Warsaw and Luxembourg. In doing so, FRIDAY is a responsible technology company that focuses on sustainability. As such, FRIDAY has made its entire operations carbon neutral and has offset all CO2 emissions since the company's inception in 2017.

 

About FRIDAY:

FRIDAY is a digital insurer with a European insurance license. With modern technology and digital solutions, FRIDAY is changing the customer experience in insurance. Its products are consistently aligned with the customer's desire for simplicity and ease of use. With features such as mileage-based billing, daily cancelability, and paperless administration, FRIDAY has introduced many innovations to the insurance market.

 

FRIDAY was founded by an experienced team of entrepreneurs with the support of Baloise Group, a leading Swiss insurance group. FRIDAY is a responsible technology company. As such, FRIDAY has made its entire operations carbon neutral and offset all CO2 emissions since the company's inception in 2017. As a full-stack insurance company, FRIDAY masters the entire value chain from underwriting to distribution. As a risk carrier, the insurer is subject to insurance supervision in Luxembourg (CAA, Home Country Regulator) and each local branch is under partial supervision by the respective local regulation authority (BaFin, Germany; ACPR, France).

 

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About FRIDAY

About FRIDAY

FRIDAY is a digital insurer with an European insurance license, committed to building a new type of insurance experience, fit for the demands of today.

FRIDAY is changing the image of insurance by utilizing the latest technology and purely digital solutions. Products are firmly geared towards customer demand for simplicity and peace of mind. FRIDAY has introduced many innovations to the German insurance market, including mileage-based billing, paperless administration, and the ability to cancel on a daily basis.

The company was founded by an experienced team of entrepreneurs in Berlin with the support of the Baloise Group, a leading Swiss-based Insurance. As one of the few European FinTechs, FRIDAY truly is a full stack insurance company, able to own the complete value chain from underwriting to distribution.