Zurich has signed a new long-term agreement with travel insurance specialists AllClear and InsureandGo. The five-year deal will see Zurich provide sole underwriting capacity for UK business from 1 November, replacing previous insurer MAPFRE. AllClear Travel is an experienced travel intermediary with a specialism in offering cover for customers with medical and health conditions. Under the agreement, Zurich will underwrite AllClear and InsureandGo travel products, as well as those of its partner brands.
David Martin, Zurich’s Head of Retail, said: “We’re delighted to announce a new long-term partnership with AllClear and InsureandGo. This agreement fits with our retail strategy of delivering profitable growth through a diverse portfolio of partnerships.
“AllClear and InsureandGo, are both high-profile brands with clear expertise in their respective travel insurance segments. We look forward to working closely with them as we continue to grow our personal lines business through a range of new complementary distribution arrangements.”
Chris Rolland, CEO of AllClear Group said: “Despite a very challenging 18 months for the travel industry, the AllClear Group is preparing for the upturn and will re-emerge from the Covid restrictions era as a bigger, stronger and more diversified business. Entering a new long-term underwriting partnership with Zurich, a well-known global brand, brings further exciting opportunities for both parties in the future.
“With the new partnership we will accelerate the growth of InsureandGo, using the resources, support and expertise of AllClear backed by the strength of Zurich’s underwriting capabilities. Our brands will share learning and leverage expertise to further enhance the services the Group provides to its valued customer base as the market starts to build again.”
Last month, Zurich announced two five-year agreements with agricultural and farm insurer, AIUA and motor insurer, KGM.