The CDL community is set to do business via the highly anticipated reverse-auction marketplace, honcho, following its integration with CDL's aggregator hub.

CDL was the first software house to connect with honcho, meaning its customers will be able to trade through the marketplace app from day one, when the insurtech start-up makes its worldwide debut on 1st May 2019.

Set to bring differentiation to the insurance disruption space, honcho will provide a platform for both brokers and insurers to bid against each other to win customers, offering a new channel to market.

Honcho Chief Executive, Gavin Sewell, said: "We are delighted at the progress we have made and being able to draw on CDL's insurtech experience and domain knowledge has been invaluable in preparing for launch. We are very grateful for their continued support and belief in our vision."

CDL Commercial Director, Nigel Phillips, added: "It's refreshing to see such an innovative and unique model being brought to market, and CDL are delighted to be the first software house to facilitate this process.

"We are really happy to see that the hard work put in by both CDL and Honcho is delivering great results and we look forward to supporting them going forward."

Customers interested in finding out more should email contact@gethoncho.com