Durham insurtech expands with employee benefits partnership

A North East-based financial services company has continued its expansion with a new partnership.

Durham insurtech honcho has announced a new partnership with employee benefits specialist Personal Group.

Personal Group, which provides employee benefits through its Hapi app, works with over 600 firms including Network Rail, DHL and Stagecoach.

News of the partnership comes less then six months after honcho, which offers a ‘reverse-auction’ marketplacer for insurance products, announced a £1.2m investment to expand into new markets.

Commenting on the partnership, Frank Speight, commercial director at honcho, commented: “We are delighted to launch our partnership with Personal Group.

“Through their Hapi app, hundreds of thousands of employees across the UK are already accessing great deals from all manner of providers.

We think it’s just right that they are now able to directly access the refreshing new world of honesty, transparency and fairness that honcho is bringing to car insurance.“

Ashley Doody, chief product officer of Personal Group, added: “As a technologist I love disruptive and innovative products. So, I am delighted to welcome honcho onto our Hapi platform.

“We are always searching for new providers to widen our offering to clients. Financial wellbeing is key to overall wellbeing and, let’s face it, everyone likes to get a great deal!”

Article published in BDaily News on the 22nd July 2020