Underwriting agency Honey and global insurer Zurich have expanded their partnership in Australia with an entry into the home market.

Zurich head of general insurance Alex Morgan says the move “marks an important milestone ... as we continue to grow and scale our presence as Australia’s only major composite insurer, with propositions across personal home, motor, pet, travel, landlord and life insurance”.

Under the tie-up, Zurich will underwrite and manage claims for home, landlord and motor policies distributed under Honey’s brand, and through arrangements with Bank of Queensland and other parties.

Mr Morgan says the partnership draws on Zurich’s strong capital foundation and technical capability and Honey’s digital distribution model.

Honey CEO David Krawitz said: “We’re proud of what we’ve built with Zurich through our pet insurance partnership, and bringing that same approach to home, landlord and motor insurance is a natural next step for us.”

Zurich and Honey announced their pet cover launch in March. The new, expanded arrangement takes effect from October.