Honcho Ranks Number 1 in the Insurtech 50

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Luke Medlock
  • News

Our client Honcho have taken the top spot in BusinessCloud’s Insurtech 50. The list recognises the UK’s top 50 Insurtech businesses.

That’s any startups and companies innovating around insurance. This particular Insurtech company are disrupting the insurance industry and bringing new possibilities to consumers and businesses around the world and we’re proud to work with them.

This listing means they’ve been recognised as one of the best in the biz!

This inaugural listing from tech and business publication BusinessCloud, was compiled from a 73 strong shortlist using a public vote and a specialist panel of judges which included representatives from Tech Nation, the University of Liverpool and more. 

BusinessCloud also produce a wider FinTech 50 list as well as a RegTech (technology in the compliance space) 50.

On the achievement, Gavin Sewell, Honcho’s co-founder and CEO had this to say.

“Being ranked at top place in the first Insurtech 50 is a great achievement for Honcho. Over the past couple of years, we’ve been steadily expanding our portfolio and finessing our platform, and with the changing regulatory landscape in insurance and shifting consumer behaviour in the automotive sector, now is a really exciting time for us.

Over the coming months you will see some major news from Honcho as our strategy to use our platform to support other businesses kicks up several gears… watch this space!”

BusinessCloud Editor Jonathon Symcox also had some words on Honcho’s inclusion in the list.

“Honcho’s reverse auction marketplace is a true game-changer when it comes to fixing fundamental problems in the insurance market.

Customers today want to be served with competitive quotes for policies that serve their needs rather than the traditional ‘race to the bottom’ approach of comparison sites. Cheapest isn’t always best.

It is one of many disruptive UK businesses to feature on our first InsurTech 50 ranking, which celebrates tech innovators of all sizes.”

Honcho provides insurance quotes with a twist. Their reverse bidding auction site aims to get customers the best cover at a good price. It makes insurers fight for your business rather than customers going off the cheapest price on a comparison site.

The Bang were brought in to design their native apps, web app, brand and digital marketing assets. You can read more about our work on that here.

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Honcho Ranks Number 1 in the Insurtech 50

Our client Honcho have taken the top spot in BusinessCloud’s Insurtech 50. The list recognises the UK’s top 50 Insurtech businesses. That’s any startups

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