Tourism

Allianz ceases travel insurance sales

Huntley Mitchell

Huntley Mitchell

Allianz Global Assistance has temporarily ceased the sale of new domestic and international travel insurance policies amid the coronavirus crisis.

The decision to halt travel insurance sales, which became effective on Friday 27 March, followed new travel restrictions and advice from both the federal and state governments in response to the COVID-19 pandemic.

“These are unprecedented times and many industries are feeling the impact of COVID-19 –  especially the travel industry,” Allianz said in an update on its website.

The company is redirecting consumers to the Insurance Council of Australia’s website for a list of alternative providers.

Allianz also notes on its website that all travel insurance claims will still be assessed, but warns its team is currently experiencing high call volumes and waiting times.

The move by Allianz to cease travel insurance sales is not surprising, as Travel Weekly understands the company notified travel agents earlier this month that their authorised representative agreements to sell its products would be terminated.

Allianz is not the only travel insurance provider to pull its products from the market due to the rapidly evolving impact of the coronavirus outbreak, with Cover-More suspending its ‘Cancel For Any Reason’ product in March.

Featured image credit: iStock/William_Potter

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Tourism

Cover-More CEO exits

The global travel insurance provider has waved goodbye to its chief, but not before signing him up to a premium policy.

Share

CommentComments

Technology

Afterpay makes online travel play

If COVID-19 wasn’t already enough of a challenge for travel agents, a new OTA has entered the ring.

Share

CommentComments

Destinations

Tourism Malaysia’s new Aussie director on the destination’s big marketing shift

by Huntley Mitchell

The destination is placing much more of a focus on its digital presence and “smart partnerships”, as it looks to recover from the impacts of COVID-19.

Share

CommentComments

Aviation

How are high flyers dealing with coronavirus? A new jet-to-yacht service seems to be the answer

Are you or your clients keen to avoid cattle class (or any class for that matter) on your first post-coronavirus flight? Start saving your pennies for this new service.

Share

CommentComments

Tourism

STUDY: More than half of Aussies are keen to get travelling in the next six months

Find out where, when and how Aussies will hit the road once restrictions are lifted with this handy set of survey results.

Share

CommentComments

Travel Agents

Pandemic could push consumers to use agents over OTAs, says Barry Mayo

by Ali Coulton

The TravelManagers chairman has also predicted more bricks-and-mortar agents will make the switch to a home-based model, given the risk of further lockdowns.

Share

CommentComments

Destinations

Team behind Addicted to Maldives launches domestic-focused DMC

The new offering aims to help curate your clients’ domestic escapades so that you can give them their perfect post-lockdown getaway.

Share

CommentComments

Cruise

Cruise Wrap: CLIA offers training to non-members, more lines extend pause in operations + MORE

Travel Weekly staff dread Cruise Wrap days because they usually result in our deputy editor singing Enya’s “Orinoco Flow”, until we lock her in a cupboard.

Share

CommentComments

Aviation

Australian adult entertainer removed from flight over comments about George Floyd protests

This story has a bit of everything – an airline, an adult entertainer and even the ongoing George Floyd protests in the US.

Share

CommentComments

Road & Rail

Uber to offer ‘world-first’ car rental option Down Under

by Christian Fleetwood

You’d assume the bosses over at Avis, Budget, Hertz, Thrifty, and Europcar won’t be too pleased to read this news.

Share

CommentComments

Midweek Interview

Life in the time of COVID-19 with Club Med’s Marnie Blanchetier

We sat down with Club Med’s head of marketing and director of sales for a chat and a few episodes of The New Pope, until she began to give us spoilers.

Share

CommentComments

Aviation

REVEALED: The final two bidders for Virgin Australia

by Huntley Mitchell

Virgin Australia’s administrators have made a decision on which two bidders have made it through to the third and final round.

Share

CommentComments