InsurTech Futures: Honcho joins Biba
Start-up is the first reverse auction marketplace to be a member of the broker trade body.
Online reverse auction marketplace for financial services Honcho has become a member of the British Insurance Brokers’ Association (Biba).
The InsurTech start-up noted it had to go through a “robust approval process” in order to join the trade body.
The business has previously stated that it is set to disrupt the car insurance sector, particularly price comparison websites, by allowing car insurers to bid for business from consumers.
Mobile app Honcho is a product of Honcho Markets, which is
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