Honey Insurance celebrates anniversary by entering Western Australian market

As a outcome, Honey teamed up with BGC Housing Group (BGC), the greatest homebuilder in WA, as section of its program to expand into the point out and modernise homeowners’ household insurance policies buy practical experience by featuring an Australian-first intelligent residence insurance answer.

Honey founder and CEO Richard Joffe explained the partnership resulted from the companies’ shared customer-first ethos of the house-obtaining approach.

“Where BGC Housing Group’s vision is to make a lot more prospects for Western Australians to develop and individual their possess homes, Honey provides a proactive arm that delivers tech-driven property insurance policies protection immediately into the electronic home finance loan and title approach. Not only do these households get designed, but [also] the course of action to start off shielding the most valuable asset most Australians will ever acquire is intuitive and rapidly,” Joffe explained.

Read a lot more: Honey CEO claims bank partnership “sets a precedent”

Michael Bartier, govt general supervisor of BGC Housing Team, echoed Joffe’s responses, emphasising the importance of property insurance policies.

“BGC Housing Group is major the way in cost-effective and sustainable properties as WA’s most significant builder,” he reported. “As we keep on to make homeownership a fact for extra West Australians, it is additional crucial than at any time that homeowners just take out household and contents coverage to really feel harmless in their recently built property. We are happy to lover with Honey Insurance coverage to provide our purchasers a residence insurance policy to defend their premier economical asset.”

The agreement with BGC is Honey’s sixth partnership in 12 months, enabling the insurance company to provide on its commitment to switching property insurance policies in Australia by producing it a lot more intuitive and applying technological innovation to support clients protect their households. It follows the insurer’s deal with the Lender of Queensland (BOQ), which made it the first bank in Australia to offer good property sensors to homes.