Former Zurich Australia and New Zealand CEO Daniel Fogarty and two other executives will launch an insurtech later this year targeting SMEs.

Evari’s digital platform aims to simplify the online buying and managing of insurance.

“We are using technology to create a great customer experience and solve challenges that SMEs face when buying their insurance,” Mr Fogarty said.

“I know first-hand the challenges incumbents have trying to get innovation into the insurance process, and I firmly believe there is a better way of servicing the needs of small businesses.”

Evari’s two other co-founders are financial services executive Robert Jeffery and digital innovation expert Brack Norris.

“With experience in insurance, banking, risk, small business, user design and technology… the Evari team [is] working hard to make sure business owners can relax, knowing their insurance is taken care of,” Evari’s website says.