Honey has earned another stripe among industry heavyweights, this time at the annual FinTech awards that took place in Melbourne.
Celebrating achievements in Australia’s growing fintech industry, Honey was proud to receive the Excellence in InsurTech Award for 2023.
“This year’s winners list confirms a trend that emerged last year. We can firmly say that the industry has hit a level of maturity where there’s achievement across the board,” said FinTech Australia General Manager Rehan D’Almeida.
“With that in mind, we want to congratulate the winners and finalists on what is a sought-after award. Over 100 judges sorted through 300 high calibre entities, from over 250 companies to find these winners.”
As Honey continues to drive change in the insurance industry, being recognised by such a prestigious award just shy of its second birthday was a timely reminder of the importance of the work Honey is doing to push innovation forward in the insurance industry.
Honey has been recognised for excellence in insurance innovation over the past 12 months through a number of awards, including Finder’s 2023 Award for Best Home Insurance - Comprehensive, The AFR Most Innovative List and WeMoney’s Home Insurance Innovation of 2023 Award. Additionally, Honey was named #3 in the InsureTech Connect Forward 50 report which highlights exciting early-stage insurtechs making waves across the APAC region.
Honey is smart home insurance, and is on a mission to eliminate the majority of avoidable accidents that happen in the home. Honey gives customers $250 of technology upfront, and ongoing services to keep homes safer when they sign up for house and contents insurance. Customers are then rewarded with a lower price on their premium for reducing the risk in their home. Honey raised $15.5m, the largest seed investment in Australian history, from industry leaders such as AGL, Metricon, Mirvac, PEXA, and many others. Honey is underwritten by RACQ, one of the most trusted insurance companies in Australia.
About FinTech Australia
FinTech Australia is a not-for-profit peak industry body for the Australian fintech sector, representing over 420 fintech companies and startups across the nation. Our vision is to make Australia the leading market for fintech Innovation and Investment by working with both sides of Government, Industry and the Australian FinTech community to create a supportive environment and partner ecosystem in Australia and abroad.