{"id":1430,"date":"2018-04-30T00:00:00","date_gmt":"2018-04-30T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/durham-tech-firm-honcho-launches-recruitment-drive-ahead-pioneering-app-launch\/"},"modified":"2025-02-28T14:38:14","modified_gmt":"2025-02-28T14:38:14","slug":"durham-tech-firm-honcho-launches-recruitment-drive-ahead-pioneering-app-launch","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/durham-tech-firm-honcho-launches-recruitment-drive-ahead-pioneering-app-launch\/","title":{"rendered":"Durham tech firm honcho launches recruitment drive ahead of pioneering app launch"},"content":{"rendered":"<p>Honcho,\u00a0<img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-9202 alignleft\" src=\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2018\/05\/Woman-app-pic-300x200.jpg\" alt=\"Woman-app-pic\" width=\"300\" height=\"200\" \/>the firm behind a new app designed to slash car insurance costs, is creating new jobs this year ahead of the product\u2019s official launch.<\/p>\n<p>Honcho has moved from Newcastle to set up offices in\u00a0Durham\u00a0in preparation for the market release of the app, which backers say will be the UK\u2019s first \u201creverse auction\u201d marketplace for car insurance, in a bid to reduce costs for motorists and decrease dependence on price comparison websites.<\/p>\n<p>The app allows insurers to bid for consumers\u2019 business, competing with each other to offer the best value package in real time. Insurers pay honcho \u00a31 for the right to bid, enabling them to reduce premiums for consumers.<\/p>\n<p>Now the tech start-up says it will recruit up to 15 new members of staff in the next 12 months.<\/p>\n<p>Honcho has also recently enlisted a full-time CTO, having secured \u00a3830,000 of investment from a successful CrowdCube campaign in January.<\/p>\n<p>Commercial director Frank Speight said honcho is on the hunt for staff including product development and distribution specialists and digital marketing experts.<\/p>\n<p>Since January, honcho has been working on raising its profile as well overseeing the next phase of the development of its\u00a0technology\u00a0with the Newcastle based app developers, hedgehog lab.<\/p>\n<p>The company believes that investing in homegrown talent and collaborating with North East based creative outlets will now be an integral part of the company\u2019s short and long-term future.<\/p>\n<p>Honcho is set to launch late 2018 and Frank Speight believes the first phase of its recruitment drive represents a major milestone for the rapidly-evolving tech outfit.<\/p>\n<p>He said: \u201cAs a result of the PR exposure that came from the capital raising exercise, we were contacted by a number of insurers and brokers that we had yet to approach, all of whom we have now engaged with, who are keen to partner with honcho.<\/p>\n<div class=\"article-body\">\n<p>\u201cWe are working closely with hedgehog lab to develop the next iteration of the honcho app, and work is progressing at an intense pace to develop the original prototype by adding new features that will make the customer journey and user experience even more exciting.<\/p>\n<p>\u201cThe North East is one of the most vibrant regions in the country in terms of knowledge and expertise in the tech industry, underpinned by the strength of further educations institutions such as\u00a0Northumbria\u00a0, Durham and Newcastle which, collectively, are fostering the talent to support new ideas and business models.<\/p>\n<p>\u201cThis is a great time to join the company: because we are a start-up there are no bureaucratic systems or processes in place &#8211; we are lean and agile. To be a honcho is to be creative, innovative and different.\u201d<\/p>\n<\/div>\n<div id=\"social-follow\" data-mod=\"socialFollow\" data-observed=\"false\" data-init=\"true\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Honcho,\u00a0the firm behind a new app designed to slash car insurance costs, is creating new jobs this year ahead of the product\u2019s official launch. Honcho has moved from Newcastle to set up offices in\u00a0Durham\u00a0in preparation for the market release of the app, which backers say will be the UK\u2019s first \u201creverse auction\u201d marketplace for car [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,31],"tags":[75,131,134],"class_list":["post-1430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apps","category-tech-sparx","tag-durham","tag-newcastle","tag-north-east"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Durham tech firm honcho launches recruitment drive ahead of pioneering app launch - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/durham-tech-firm-honcho-launches-recruitment-drive-ahead-pioneering-app-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Durham tech firm honcho launches recruitment drive ahead of pioneering app launch - Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"og:description\" content=\"Honcho,\u00a0the firm behind a new app designed to slash car insurance costs, is creating new jobs this year ahead of the product\u2019s official launch. 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