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Cover-More Group is a global travel insurance, medical and security assistance provider headquartered in Sydney, Australia. The group was acquired by Zurich Insurance Group in April 2017. [1] The group also has leading market positions in Ireland, Latin America, New Zealand and the USA where Cover-More owns Travelex Insurance Services.
Zurich Insurance Group Ltd. is a Swiss insurance company, headquartered in Zürich, and the country's largest insurer. [2] As of 2021, [update] the group is the world's 112th largest public company according to Forbes ' Global 2000s list, [ 3 ] and in 2011, it ranked 94th in Interbrand's top 100 brands.
Australia's insurance market can be divided into roughly three components: life insurance, general insurance and health insurance.These markets are fairly distinct, with most larger insurers focusing on only one type, although in recent times several of these companies have broadened their scope into more general financial services, and have faced competition from banks and subsidiaries of ...
Aon Risk Services Australia Ltd v Australian National University (2009) 239 CLR 175 (Aon v ANU) is a decision by the High Court of Australia (High Court). After a bushfire destroyed property and equipment at the Australian National University's (ANU) Mount Stromlo campus near Canberra, the university lodged an insurance claim. After its ...
In 2016 the government announced a review into Australia's EDR schemes for the financial system, including the FOS. [14] In November 2016 a Lower House parliamentary committee, which has a majority of incumbent government MPs, recommended a banking tribunal be established to replace the FOS, the Credit and Investments Ombudsman and the ...
160 Ann Street, Brisbane is an office tower located in the heart of central business district (CBD) of Brisbane, Queensland in Australia and adjacent to the Brisbane River. After its completion in 1972, the tower was owned successively by Australian companies Zurich Australia Insurance, Precision Group, Investa Property Group, and CorVal Partners.
The Australian Financial Complaints Authority was established on 1 November 2018, replacing the Financial Ombudsman Service (FOS), the Credit and Investments Ombudsman (CIO) and the Superannuation Complaints Tribunal (SCT). [7]
The Superannuation Complaints Tribunal was established under the Superannuation (Resolution of Complaints) Act in 1993. It was established at the same time as a new prudential and disclosure framework was put in place under the Superannuation Industry (Supervision) Act 1993, protecting employees compulsory superannuation contributions (introduced in 1992).