Nib resumes travel insurance sales in New Zealand and Australia
New Zealand insurer nib has resumed travel insurance sales to Australian and New Zealand residents after securing a new underwriting partner
nib Travel has partnered with Pacific International Insurance to support its underwriting arrangements in the Australia and New Zealand regions.
nib Travel CEO Anna Gladman said the new partnership would allow nib Travel to support travellers keen to book their future holidays. “With many travellers starting to plan their next adventure as international and state travel restrictions begin to ease the new partnership couldn’t come at a better time,” she said. “We expect our travel insurance business to recover quickly with the opening of borders to quickly build momentum.”
No major changes to products
Australian and New Zealand resident travel insurance sales were paused on 5 October 2021, after nib Travel’s previous underwriting arrangements came to an end. Under the new partnership, there will be no major changes to nib Travel’s range of travel insurance products, pricing, servicing, and coverage as a result of the change in insurer.
“With coronavirus now a part of normal life, we’ll continue to offer cover that can help protect travellers as they start exploring the world again,” Gladman said. “Our products include cover some Covid-19 related events such as medical expenses overseas, some cancellation and additional accommodation costs if travellers are subject to quarantine as a result of a diagnosis while travelling.”
Travel insurance sales will resume in a phased approach from mid-November.