About Cover-More New Zealand travel insurance
Every year, more than 3.8 million people choose Cover-More Travel Insurance.
Formerly known as Travelsure, Cover-More Travel Insurance has been providing travellers in New Zealand with high-quality travel insurance cover and round-the clock customer service for many years.
Although we manage millions of policies and thousands of claims each year, we treat each customer with the individual care they deserve.
All our customers have access to 24 hour emergency assistance regardless of where they are in the world.
Zurich Insurance Group and Cover-More
Cover-More Group was acquired by Zurich Insurance Group in April 2017 and Zurich Australian Insurance Limited trading as Zurich New Zealand, will become Cover-More’s underwriter in New Zealand from 1 June 2017.
Zurich is one of the world’s leading multi-line insurers with about 54,000 employees. The group provides property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses and mid-sized and large companies, as well as multinational corporations.
Financial strength rating
An insurance company's financial strength can be defined as the company's claims paying ability, that is, its ability to meet its obligations towards customers. In New Zealand, Zurich’s general insurance products are underwritten by Zurich Australian Insurance Limited (ZAIL), trading as Zurich New Zealand.
ZAIL has an insurer financial strength rating of A+ from Standard & Poor’s (Australia) Pty Ltd. This rating shows that the company has strong financial security characteristics. Standard & Poor’s rating scale for an insurer’s financial strength, together with a summary of Standard & Poor’s description is: AAA (Extremely Strong), AA (Very Strong), A (Strong), BBB (Good), BB (Marginal), B (Weak), CCC (Very Weak), CC (Extremely Weak), R (Regulatory Supervision), NR (Not Rated). Ratings from ‘AA’ to ‘CCC’ may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories. For the most recent information on ZAIL’s financial strength visit http://www.zurich.co.nz/content/zurich_nz/about_us/financial-strength.html
Further information on these ratings is also available from www.standardandpoors.com.
Cover-More Travel Insurance
205 Queen Street
P.O. Box: 105-203
Auckland City 1143