Compare Life Insurance :: News
SHARE

Share this news item!

Europ Assistance Australia Gains APRA Approval to Underwrite Travel Insurance

What This Means for Australian Travellers Seeking Reliable Coverage

Europ Assistance Australia Gains APRA Approval to Underwrite Travel Insurance?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Europ Assistance Australia (EAA) has achieved a significant milestone by obtaining a general insurance licence from the Australian Prudential Regulation Authority (APRA).
This authorisation enables EAA to underwrite its own travel insurance products, marking a pivotal step in its commitment to the Australian market.

Previously, EAA's travel insurance products were underwritten by third-party carriers. With this new licence, EAA can now manage product design, pricing, and risk directly within the Australian regulatory framework. This shift is expected to enhance the company's ability to tailor insurance solutions that closely align with the evolving needs of Australian travellers.

Justin Sebire, CEO of Europ Assistance in Australia and New Zealand, highlighted that securing their own licence strengthens their ability to deliver on their mission to assist travellers from distress to relief with greater speed, care, and accountability. The licence also provides EAA with the flexibility to design and deliver products that are closely aligned with how, where, and why Australians travel, ensuring that relevant, modern, and future-ready insurance solutions are available.

For Australian travellers, this development signifies a more streamlined and responsive insurance experience. EAA's direct underwriting capability is anticipated to lead to more competitive pricing, innovative product offerings, and enhanced customer service. Travellers can expect insurance products that are more attuned to their specific needs, whether they are embarking on domestic trips or international adventures.

As the travel industry continues to navigate the complexities of a post-pandemic world, the ability of insurers to adapt and respond to changing traveller behaviours and expectations is crucial. EAA's move to underwrite its own policies positions it as a more agile and customer-focused player in the Australian travel insurance market.

Published:Sunday, 7th Jun 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

A new life insurance discount puts long-term value in focus
A new life insurance discount puts long-term value in focus
14 Jul 2026: Paige Estritori
Partners Life has introduced a new Life Advantage discount, giving eligible customers a permanent reduction on selected life and trauma-related covers. The offer is aimed at non-smokers aged 16 and over who meet a specified body mass index range and complete full medical underwriting when applying for new or increased cover. - read more
Why the FMA’s conduct focus matters for life insurance buyers
Why the FMA’s conduct focus matters for life insurance buyers
11 Jul 2026: Paige Estritori
New Zealand’s financial advice sector is heading into a more targeted year of scrutiny after the Financial Markets Authority’s latest conduct priorities highlighted fraud, adviser commissions and complaints handling as areas of concern for 2026/27. For households arranging life, trauma, income protection or health-related cover, the message is practical: the quality of advice, disclosure and record keeping matters just as much as the premium on the page. - read more


Life Insurance Articles

Life Insurance Claims, Exclusions and Disclosure in New Zealand
Life Insurance Claims, Exclusions and Disclosure in New Zealand
Life insurance is designed to provide a payment if the insured person dies or, in some policies, is diagnosed with a terminal illness and the claim meets the policy terms. For families and beneficiaries, the claims process can occur at a difficult time, so it is important to understand how claims are assessed and what issues may affect whether a claim is paid. - read more
Understanding Life Insurance Cover Amounts and Household Financial Needs
Understanding Life Insurance Cover Amounts and Household Financial Needs
Choosing a life insurance cover amount is one of the most important parts of arranging a policy. The cover amount, sometimes called the sum insured, is the amount that may be paid to beneficiaries or an estate if a valid life insurance claim is accepted. - read more
Navigating Life Insurance Costs: Key Influencers in New Zealand
Navigating Life Insurance Costs: Key Influencers in New Zealand
Understanding why life insurance premiums vary is crucial for making informed decisions. In New Zealand, premiums reflect individual risk, policy specifics, and insurer-specific factors. While two people might seek similar coverage, their quoted premiums might differ greatly due to individual risk assessments and policy choices. - read more
How Life Insurance Policy Comparison Works in New Zealand
How Life Insurance Policy Comparison Works in New Zealand
Life insurance is a crucial financial safety net, offering monetary support to beneficiaries or an estate upon the death or terminal diagnosis of the insured. In New Zealand, life insurance options differ greatly, with variations in pricing, included features, claim evaluations, and specific conditions. - read more


Start Here !
life insurance
Apply now for your free Insurance assessment and price comparisons!

Start Here

Life Cover Amount:
Postcode:


All quotes are provided free and without obligation. We respect your privacy.
Knowledgebase
Peril:
A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.