FAQ

What you should know

1. Who is FRIDA e.V. and what is our mindset?

FRIDA e.V. is a Open Insurance Initiative with the aim standardized interfaces (APIs) for insurers, third-party providers and end customers — inspired by the open banking principle, but specifically for the insurance market.
We rely on Collaboration, transparency, and innovation — and follow one Nonprofit ideas.
Our solutions complement existing standards such as BiPRO or GDV, but are Openly thought: Insurers, third-party providers and customers should benefit equally.
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Our goal:
Digital, efficient and interoperable solutions that are established across the industry — developed with strong partners, for real customer benefits.

2. How does FRIDA work?

Our work is carried out in small, agile use case groups with max. 10 people. These groups meet every two weeks for 45 minutesto focus on the next steps.

What is important to us?

Small, achievable milestones
End customer view as a guideline
Teamwork on equal footing
Room for creative, unconventional thinking

Is there comprehensive exchange?
Yes — in a two-week all-hands meeting (30 min), we provide information about current developments/innovations, welcome new members and enable open dialogue.

3. How much time should you plan?

Set aside around 30-45 minutes per week. This is enough to actively participate and create real added value in the use cases.

4. How can you get involved?

Collaboration on technical and conceptual solutions
Co-development of technical APIs
Test and place solutions on the market as a front-runner
Classic club activities

The collaboration with FRIDA e.V. is flexible and individual — you decide where you want to get involved.

5. How does your company benefit?

What does the collaboration actually mean for you?

Deep insights into real use cases
Helping to shape new standards
Early access to practical API solutions
Networking with relevant players in the sector

Additional added value:

Strong network — we are moving towards 100 members and cooperation partners
Pioneering role in open insurance — with a focus on real customer needs
Market proximity & exchange — with politics, associations and other initiatives
Open results & transparent — in line with the non-profit concept

Insurers & Risk Carriers	Sales & Operations (Brokers, Pools, MGAs)	Tech & Innovation (Tech Providers, InsurTechs)
Efficiency & Scalability Standard APIs instead of multiple individual interfaces – reducing IT costs and making your architecture instantly scalable.	Efficient Data Exchange Structured access to standardized data instead of tedious manual queries. This saves operational time and eliminates errors.	Faster Time-to-Market Develop solutions based on industry-wide standards. This minimizes custom development requests and accelerates integration for your clients.
Enhanced Customer Engagement A presence on the customer's smartphone without the need for an app (e.g., Car Claims API). Increase your touchpoints and ensure a seamless user experience.	New Advisory Opportunities Leverage innovative use cases (e.g., Cyber Security Check) to proactively approach customers with tailored solutions and generate new business.	Direct Access to Decision-Makers Leverage our extensive network to connect directly with business departments and IT decision-makers of potential partners.
Active Co-creation Actively shape the market standards and use cases of tomorrow instead of merely adapting to them later	Competitive Advantage Position yourself as a digital pioneer. With FRIDA, you offer your customers state-of-the-art services without disruptive media breaks.	Innovation Edge & Business Model Development Gain early access to API definitions and use cases. Ensure your products are "FRIDA-ready" and evolve your business model before the market demands it.

6. Existing use cases

Use Case	Aim
CarClaims	Digital wallet for claims and contract data – incl. QR data exchange
Cyber	Use cases in the context of cyber insurance
Digital Documents	Digital and legally compliant delivery of customer correspondence to a central location
Real Estate	Data exchange for building insurance – API standards for real estate services
Pension	Transparency in retirement planning – data on pension contracts should be transparently available to users at all times
Health	Interaction between statutory and private health insurance – simplified application for insurance benefits

7. What are the fees?

5,000€ per year
500€ per year for startups

8. Difference between membership and cooperation?

What does membership mean?‍‍‍

Members hold formal voting rights in accordance with association law.
As an initiative, we rely on the active engagement of our members, for example, within our Use Case groups.
Our members are usually insurance companies.

‍What does partnership mean?‍‍

Cooperation partners include tech companies, consultancies and startups.
We also place high value on active participation and engagement from our partners.

‍‍Why this distinction?‍

Targeted governance and perspective: As direct users, insurers actively shape the standards, while partners provide essential technical and domain expertise.
Agility: This structure allows for streamlined, efficient decision-making within a focused framework.

9. How can you become part of FRIDA?

What is to be done
Use our contact form and answer the following questions:

Why do you want to be part of FRIDA?
What tasks do you see for yourself at FRIDA?
How would you like to help shape Open Insurance?

You can also look forward to a little “FRIDA merch”!

Do you have any further questions?
Get in touch with us!

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