RACQ-backed insurtech promises 'sweeter deals' for Australians

Insurtech Honey Insurance has launched today targeting the home and contents market, having secured $15.5 million in seed funding from its underwriting partner RACQ and other institutional investors

Queensland-based mutual motoring body RACQ, which has an insurance arm offering car, home and other lines, says the investment and underwriting partnership with Honey are complementary to its business offerings.