Allianz said that the new guidelines are accessible on the internet by a new agile system designed to adapt to travel and regulatory environment variations. It also assists cut down the compliance load for companions and automates future updates.
Aimee McGuinness, the main underwriting officer at Allianz Companions Australia, claimed that the new policies offer buyers good price for income.
“Travel has altered considerably since COVID-19, and we want to provide our partners and clients a better knowledge when they return to travelling, producing it much easier for them to a lot more completely understand vacation insurance coverage in this pandemic market,” McGuinness said.
“We’ve invested countless numbers of hrs acquiring the platform to ensure it adapts to continual modify – like what has been brought on by COVID-19 – with minimal disruption. Close to 100 Product Disclosure Statements have now been streamlined to considerably less than five, highlighting our determination to simplicity for partners and buyers.”
The new on the web buy path guides consumers through the travel insurance method using simplified language to support them comprehend their policy superior.
“With the recently made invest in route, prospects have entry to the solution disclosure statement through the order journey, enabling them to uncover thorough information and facts on their plan at any stage of their acquire. This can help consumers make an educated choice and presents total transparency on the product or service,” McGuiness stated.
The new policies – built for qualified singles, duos, and people – deal with Australians and eligible visa-holders travelling domestically and internationally as lengthy as they are traveling to a country provided in the Australian government’s travel zone arrangement.