Berlin primarily based FRIDAY, an Insurance coverage Expertise Agency, Hires Nate Glissmeyer and Robin Latz to Serve in Key Roles

Germany-based FRIDAY, an Insurtech agency which operates as a Baloise subsidiary, has employed  Nate Glissmeyer to function the corporate’s Chief Platform Officer and Robin Latz has additionally been recruited to guide the administration on the insurance coverage expertise supplier.

The 2 new hires can be liable for serving to to additional develop the agency’s enterprise whereas enhancing its profitability.

Nate Glissmeyer has beforehand served in a number of key managerial roles at Amazon Inc. in Seattle from 2004. Whereas working on the tech agency, he managed the product and expertise groups inside the digital commerce big’s group. As Director of Product Administration, Glissmeyer was liable for overseeing the market launch of varied new improvements that at the moment are being utilized by thousands and thousands of Amazon purchasers. Glissmeyer has additionally beforehand labored as Chief Product Officer, Chief Expertise Officer and member of the Administration Board of HolidayCheck Group AG (primarily based in Munich, Germany).

Robin Latz is a highly-qualified insurance coverage administration skilled who brings over 10 years of business expertise in main roles at Allianz and Zurich Insurance coverage Group, the place he was liable for creating completely different product presents whereas making certain the long-term profitability of firm enterprise portfolios.

Final 12 months, the Baloise Group had outlined its enterprise plans and technique for 2021 (throughout Investor Day, held on October 29, 2020). FRIDAY has introduced its roadmap and reated plans for the following 5 years. The Insurtech agency plans to realize quicker progress whereas boosting productiveness and profitability. The digital insurance coverage platform can be planning to additional develop its market presence.

In March 2019, FRIDAY had managed to finalize a spherical of financing throughout which it acquired over €100 million in capital.

Gert De Winter, CEO at Baloise Group, remarked:

“Baloise has nice ambitions for progress for FRIDAY. Nate and Robin are two extremely skilled professionals who will strengthen the administration crew and use their wonderful digital and insurance coverage know-how to play a decisive function in reaching the formidable targets of Baloise and FRIDAY. Nate Glissmeyer has been spearheading the event of progressive applied sciences in e-commerce. He has helped to make digital platforms and merchandise profitable with thousands and thousands of individuals all over the world. This expertise will straight inform FRIDAY’s providing for purchasers.”

Christoph Samwer, CEO at FRIDAY, said:

“FRIDAY desires to proceed to develop quickly and goals to realize a fivefold improve in gross premiums written to €150 million over the following 5 years. Its efficiency within the German market can be key to reaching these targets. We’re due to this fact delighted to have Robin Latz on board as a extremely competent supervisor for the German market. He’ll be capable to draw on his intensive expertise to guide the German enterprise to profitability by 2025.”