General Insurance Article - Zoopla backs UK's first smart home insurance provider


Zoopla Property Group (ZPG) has invested and signed an exclusive partnership with connected home insurance provider, Neos. ZPG have also acquired Techniweb, a custom designer of websites.

 ZPG, which includes businesses Zoopla, uSwitch, PrimeLocation and Property Software Group, has continued its recent strategy of investing in innovative tech start-ups with the backing of Neos, the UK's first connected home insurance provider. Neos, which provides the latest connected home technology and 24/7 emergency assistance is expected to launch in early 2017.

 This recent funding follows a series of other investments made by Neos this year, which also includes funding for startups PropertyDetective, Bricklane, Landbay and Trussle.

 Matt Poll, CEO of Neos, commented, “It’s fantastic to be partnering with and have the support of the ZPG team. We know consumers who are making property decisions are also those looking to re-evaluate their home insurance and methods for protecting their cherished possessions. As the consumer champion at the heart of the home ZPG is the perfect partner to support the benefits of the Neos service.”

 ZPG is also set to acquire Technicweb, a move designed to position ZPG as the largest provider of estate agency websites in the UK. Techniweb specialises in designing custom built, fully-responsive websites for the property sector and has a team of 22 designers, programmers, project and account managers who have built over 1,500 websites for estate agent clients.

 Alex Chesterman, Founder & CEO of ZPG said, “We are delighted to announce that we have acquired Technicweb, one of the UK’s leading estate agency website design and hosting businesses along with our investment and partnership with Neos, the UK’s first connected home insurance provider. These deals reaffirm our mission to provide the most useful resources for consumers when finding, moving or managing their home and to be the most effective partner for related professionals.”

  

 
  

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