Cover-More’s Corporate Travel Insurance app earns it a spot as an ANZIF award finalist

awards

Travel and medical insurance provider Cover-More Group (a Zurich company) has been listed as a finalist in the Australian and New Zealand Institute of Insurance and Finance (ANZIF)’s annual Insurance Industry Awards in the ‘Innovation of the Year’ category

Cover-More’s Corporate Travel Insurance – which helps corporate travellers and their employers, insurance brokers and agents easily manage business travel – was key to securing the firm’s place as one of the award finalists.

The app features real-time safety alerts before and during a trip; a ‘tap to call’ feature that gives the user 24/7 access to the Cover-More medical assistance team, no matter where they are in the world; the ability to add travel companions to a policy; and the ability to easily lodge claims.

The app also allows travellers to toggle their insurance on and off, so employers need only pay for the travel insurance on the days that employees are travelling. The app uses geo-fencing to record actual travel days in real time and calculate accurate premiums. It also eliminates paper-based processes for brokers.

Bruce Morrison, Cover-More New Zealand CEO, commented on the launch of the app: “We identified an opportunity to build an app that made business travel easier for everyone involved, but imperatively, enhance safety for our corporate customers before, during and after they travel.”

Winners are to be announced at the New Zealand Insurance Awards ceremony on Wednesday 27 November 2017.