Evari partners with Honcho on small business cover
Insurtech Evari has teamed up with online business assistance group Honcho to include insurance in a one-stop shop for start-ups.
Honcho’s cloud-based services include business registration activities, bank account set-up and digital and marketing services.
Evari’s offering will include public and product liability, professional indemnity, business disruption and stock and contents, with a focus on the sole trade market. The construction sector, cafes and restaurants, retailers and professional services are being catered to initially.
“Insurance is a necessity for every business,” Evari CEO Daniel Fogarty said. “When starting out, it feels complicated, but it needs to be actioned quickly to manage the risk to business.”
Policies will give business owners the flexibility to easily make policy changes, while tradies can access a “pause” function to save money on liability insurance when they are not working.
Honcho says it averages 100,000 new customers a year and has formed a relationship with ANZ on banking services.