Welcoming 250,000 new customers is always a great feeling, and today is one of those moments! 🌟 Allianz Direct is taking over FRIDAY's property and casualty insurance portfolio in Germany and France. Together with the entire portfolio, we are also acquiring all distribution agreements and the well-known FRIDAY brand. This strategic move is designed to enhance our footprint in the German Direct P&C insurance market and expand our reach in the French home insurance market, perfectly complementing our recent acquisition of French insurtech Luko. The completion of the acquisition is planned for mid-2025 (subject to regulatory approval) - so stay tuned for more updates as we continue to grow and innovate in the insurance industry! 🚀 #allianzdirect #digitallyunbeatable #futureofinsurance
This is an exciting opportunity for Allianz to serve more customers in key markets and to continue to be relevant and present for everyone who already uses Allianz Direct products. I’m looking forward to our expanded future.
CIO - Chief Information Officer
5moFélicitations !