Introducing honcho, the new insurance app aimed at millennial drivers
“The honcho app is a digital marketplace looking to disrupt car insurance, primarily for young drivers, by providing a “reverse auction” in which insurers bid with the lowest value policies,” writes Compelo in their feature this week on honcho.
Honcho’s new app aims to take on aggregators – Global Data
Insurance Times reports that, according to a new consumer insurance survey by Global Data, honcho are preparing to challenge aggregators by empowering consumers using a reverse-auction model and digital time-saving approach.
We're Profilic North's featured startup!
“For My Startup this week, we’re looking at honcho, who are hoping their reverse auction marketplace will change how people buy insurance” writes Prolific North.
honcho to start beta testing in February
“Honcho has announced that it will move into beta testing next month. It hopes to launch in Q2 this year within the car insurance market and plans to extend its proposition to home and travel insurance thereafter” writes Insurance Times.
honcho enters home stretch of prep work
“Insurance distribution disruptor honcho is in its final stages of pre-launch preparation.” writes Insurance Business UK.
New Insurer honcho Puts Digital First and Challenges Industry Norms
“Rewrite Digital has been interviewing digital leaders across a range of industries to hear how they’re shaking up their sectors by harnessing digital technology and business models. Graeme Stoker, CDO at honcho describes how honcho challenges the industry in both the product it provides and its approach to developing and evolving the product. honcho embraces digital to create real differentiation and, critically, be ready to outpace the competition.”