Finsure inks deal with insurance fintech

Brokers to gain access to three-minute insurance products after landmark deal

Finsure inks deal with insurance fintech


By Mina Martin

Aggregator Finsure is set to partner up with Honey Insurance to provide brokers with a range of insurance products for their clients.

Honey Insurance was founded last year by a range of executives with tech backgrounds – including names such as Afterpay, Airtasker, PEXA and Zip – and offers a range of smart insurance products across the loan application process.

Their products are integrated into the Infynity software that Finsure brokers use for applications, and can offer insurance quotes within as little as three minutes

“We are delighted to announce this exclusive partnership between Finsure and Honey Insurance which we think will be a game changer for our broker network and another outstanding service for the benefit of our brokers and their clients,” said John Kolenda (pictured), CEO and founder of Finsure.

“We know our brokers’ customers have so much to think about during the mortgage process and that’s why Honey and Finsure have teamed up to provide a smarter, faster, easier way for customers to get covered for home insurance.

“In what we believe is an Australian first, customers of Finsure brokers can now get their home insurance at the same time they get their mortgage in an embedded journey.

“Every Finsure broker will be able to offer their clients Honey Insurance products after a short online education program.

“The insurance process is seamlessly integrated into Infynity, which automatically communicates with the customer and with Honey Insurance’s proprietary insurance platform, meaning it would take less than three minutes from quote to accepting an insurance policy.

“As part of our exclusive arrangement, every eligible customer receive pre-settlement cover which means an additional 90 days on their insurance policy to ensure they are covered right up until their day of settlement.”    

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