Friendsurance leverages an online peer-to-peer insurance model which combines social networks with established insurance companies to allow customers to connect and form individual insurance-networks, thereby lowering their annual premiums related to household, personal-liability and legal-expenses insurance products.
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The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in response to the increased demand from banks and insurance