Australian start-up to take world-first small business insurance technology global

Australian start-up to take world-first small business insurance technology global

Dynamic Australian insurtech, Evari Insure, has announced the establishment of a London office as it prepares to take its game-changing small business insurance product global.

The international expansion into the world centre of insurance was announced on Monday by the Hon Julie Bishop MP as she officially opened Evari Insure’s national headquarters in Perth.

It’s another significant milestone for the company that in under two years has gone from the three founders working around a kitchen table to a 20 plus workforce, premises in the heart of the Perth CBD, a partnership with RAC Insurance and acknowledgement as one of MYOB’s fastest growing partners for 2018.

There’s also strong international interest in the technology powering the cloud-based platform, offering fully digital, tailored small business insurance.

Evari Insure’s CEO, Daniel Fogarty, said London would be the launching pad for the company to target UK, Europe and the US for future opportunities as well as acquiring leading talent.

“The Australian and UK Governments are working together to encourage entrepreneurial business collaboration so we have been fortunate to benefit from programs and incentives that aim to leverage the fintech bridge between the two countries,” he said.

“This support has been critical in enabling us to create local jobs and to showcase Australian innovation on the international stage,” he said.

Mr Fogarty said Evari co-founder, Robert Jeffrey, has moved from Perth to London  this month to head up the London office and will focus on developing mutually beneficial partnerships.

“This move is about taking Australian knowhow, and combining it with international expertise, to take our offering to a whole new level.

“We will be bringing learnings back here to improve local knowledge and skills and will open up international experiences for Evari Insure’s Australian team members as we move forward.”

Mr Fogarty said Evari was proud to have established its national headquarters in Perth, bucking the trend of businesses relocating to the bigger commercial markets of Sydney and Melbourne.

“There’s a wealth of talent and technology experience here in Western Australia and that will always be an integral part of the Evari Insure business story.”