HiPages Expands Services with VIZ Insurance Acquisition
Strategic Move Enhances Insurance Options for Australian Tradies
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HiPages Group Holdings, a leading Australian online platform connecting homeowners with tradespeople, has recently acquired a 51% stake in VIZ Insurance.
This strategic acquisition marks HiPages' entry into the insurance distribution sector, aiming to provide comprehensive services tailored for tradespeople across Australia.
VIZ Insurance is a digital-first platform offering a range of insurance products specifically designed for tradespeople. These include public liability, tools and equipment, and commercial motor cover. The platform's online quoting and binding engine simplifies the insurance process, making it more accessible for tradies.
By integrating VIZ Insurance into its ecosystem, HiPages can now offer its network of over 35,000 tradie customers direct access to essential insurance products. This move aligns with HiPages' commitment to supporting tradespeople by providing tools and services that enhance their business operations.
Roby Sharon-Zipser, CEO and co-founder of HiPages, stated, "The acquisition of VIZ Insurance is the next exciting step in our platform strategy. Insurance is a non-discretionary product that every trade business needs to operate. The VIZ team has developed an innovative digital-first platform targeted at tradies that is a perfect fit for HiPages."
For tradespeople, this development offers a streamlined approach to obtaining necessary insurance coverage. The integration of VIZ Insurance into the HiPages platform means tradies can manage their business needs more efficiently, from securing jobs to ensuring they have the appropriate insurance coverage.
In summary, HiPages' acquisition of a majority stake in VIZ Insurance represents a significant enhancement of services available to Australian tradespeople. By combining job opportunities with tailored insurance solutions, HiPages continues to support the growth and success of tradie businesses nationwide.
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