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Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering

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Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering
Business

Business

Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering

2026-06-05 09:15 Last Updated At:12:33

BRISBANE, Australia, June 5, 2026 /PRNewswire/ -- Allianz Partners today announced it has signed an agreement to acquire a large portion of nib's Australian and New Zealand Travel Insurance portfolio marking a significant milestone in the company's growth strategy and its long-term commitment to the Australian market.  The deal remains subject to regulatory approval and satisfaction of certain commercial conditions. The transaction includes:

  • the acquisition of the Travel Insurance Direct (TID) brand
  • a twenty year white labelled distribution agreement with nib Group in both Australia and New Zealand,
  • and acquisition of a large portion of nib's established intermediary relationships in Australia.

The transaction establishes Allianz Partners as a leading force in the Australian travel insurance market enabling a more comprehensive presence across both digital and in-person channels.Critically, it marks Allianz Partners' expansion into the offline travel distribution channel in Australia: the bricks-and-mortar agent channel that remains a vital point of purchase for Australian travellers, particularly those booking complex or high-value itineraries. The ability to support customers across both digital and intermediary channels is becoming increasingly important - particularly for higher-value and more complex travel.For Australian travellers, the result will be greater access to Allianz Partners' world-class insurance and assistance products - wherever and however they choose to book. For the business, it will deliver the scale, footprint and channel depth to compete at the top of one of the Asia Pacific region's most dynamic insurance markets."This acquisition is a landmark moment for Allianz Partners Australia. It will significantly expand our capacity to reach and serve Australians through their preferred channel with the world-class insurance and assistance products they deserve. It will also strengthen our offering in a highly competitive market and gives us the scale to continue investing in our customers, partners and service delivery." Chris McHugh, Chief Executive Officer, Allianz Partners AustraliaThis transaction is a clear signal that APAC - and Australia specifically - is a priority growth region for Allianz Partners. We have strong conviction in the opportunity here, and this acquisition reflects that conviction in a very tangible way. Australia has a dynamic, growing travel insurance market and a team that has demonstrated the capability and commitment to lead in it. This is the kind of strategic investment that builds long-term value, and I am proud to see it come to fruition." - Phil Hoffman, Chief Officer Travel, Allianz PartnersThe acquisition will build on Allianz Partners' global momentum. Since 2024, the company has surpassed €10 billion in total revenues globally, with APAC identified as a key growth region.ABOUT ALLIANZ PARTNERSAllianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners' businesses, sold through intermediary channels or directly to customers through the Allianz, Allianz Global Assistance and Allianz Care brands. Present in over 73 markets, our 22,200 employees speak 70 languages, handle over 89 million cases each year, and are motivated to go the extra mile to offer assistance to our customers around the world.    

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering

Allianz Partners to Acquire nib Travel Portfolio, Strengthening Australian Market Offering

SYDNEY, June 5, 2026 /PRNewswire/ -- Trip.com, the global travel service provider, has officially launched its End of Financial Year (EOFY) Mega Sale, kicking off the winter travel season in style. From the week commencing 9 June 2026, Aussie travellers can access weekly rolling discounts, flash sales, and coupon drops designed to turn dream holidays into an affordable reality.

The EOFY Mega Sale is a chance to save big across flights, hotels, and travel essentials—with four big weekly drops starting from 9 June.

EOFY Mega Sale Calendar:

  • Week 1 (9 June) — Travel Essentials Launch: Up to 50% off coupons for attractions and eSIMs, a free eSIM coupon (valued up to $2), 30% off car hire coupon, plus Buy 1 Get 1 Free offers on selected attractions
  • Week 2 (16 June) — Hotel Mega Deals: Up to 70% off hotel coupons in addition to flash sales on accommodation from $9 per night
  • Week 3 (23 June) — Flight Frenzy:
    • $29 domestic flights between Sydney, Melbourne, Brisbane, Gold Coast and Adelaide
    • $109 flights from Perth to Bali
    • $149 flights from Sydney, Melbourne, and Brisbane to Bali and Ho Chi Minh City
    • Up to 50% off flight coupons

  • Week 4 (30 June) — Last Chance Deals: Final opportunity to secure the month's best travel bargains before the financial year closes.

Even Bigger Savings – Partner Airlines & Airports

Alongside the EOFY Mega Sale, Trip.com has teamed up with leading airlines and airports to deliver significant direct savings for Australians travelling overseas.

  • This Is China: From today to 27 July, snag up to $100 off on flights from Sydney to China, valid across premium carriers including China Southern, China Eastern, Air China, and more. Flash sales are also available for flights from Sydney to Shanghai at $189 on 9 June and 7 July, and the same price also applies for flights from Sydney to Beijing on 23 June and 21 July.
  • Brisbane Airport – Take Off To Asia: Queenslanders can score $50 off flights heading into Asia's popular hubs from today until 14 June.
  • Fly with Batik Air: Discover Southeast Asia with up to $100 off flights from Sydney to destinations across Indonesia and Malaysia.
  • Premium Global Airline Savings:Enjoy an instant $100 off for bookings with Malaysia Airlines with more airline partner discounts to be announced in due course.

Don't Miss Out – Get Ready Now

Download the Trip.com app now to grab these limited-time offers.

Terms and Conditions apply. All promotional offers are available on a first-come, first-served basis within the specified period and while stocks last. Please note that all deals are in AEST time.

For more information, please visit https://au.trip.com/.

About Trip.com

Trip.com is an international one-stop travel service provider, available in 27 languages across 48 countries and regions in 44 local currencies. Offering an extensive hotel and flight network of more than 1.7 million hotels and flights from over 680 airlines, along with over 350,000 in-destination activities, Trip.com covers 3,500 airports in 220 countries and regions. Trip.com's world-class 24/7 multilingual customer service helps to 'create the best travel experience' for its millions of customers worldwide. To book your next trip, visit Trip.com.

SYDNEY, June 5, 2026 /PRNewswire/ -- Trip.com, the global travel service provider, has officially launched its End of Financial Year (EOFY) Mega Sale, kicking off the winter travel season in style. From the week commencing 9 June 2026, Aussie travellers can access weekly rolling discounts, flash sales, and coupon drops designed to turn dream holidays into an affordable reality.

The EOFY Mega Sale is a chance to save big across flights, hotels, and travel essentials—with four big weekly drops starting from 9 June.

EOFY Mega Sale Calendar:

  • Week 1 (9 June) — Travel Essentials Launch: Up to 50% off coupons for attractions and eSIMs, a free eSIM coupon (valued up to $2), 30% off car hire coupon, plus Buy 1 Get 1 Free offers on selected attractions
  • Week 2 (16 June) — Hotel Mega Deals: Up to 70% off hotel coupons in addition to flash sales on accommodation from $9 per night
  • Week 3 (23 June) — Flight Frenzy:
    • $29 domestic flights between Sydney, Melbourne, Brisbane, Gold Coast and Adelaide
    • $109 flights from Perth to Bali
    • $149 flights from Sydney, Melbourne, and Brisbane to Bali and Ho Chi Minh City
    • Up to 50% off flight coupons

  • Week 4 (30 June) — Last Chance Deals: Final opportunity to secure the month's best travel bargains before the financial year closes.

Even Bigger Savings – Partner Airlines & Airports

Alongside the EOFY Mega Sale, Trip.com has teamed up with leading airlines and airports to deliver significant direct savings for Australians travelling overseas.

  • This Is China: From today to 27 July, snag up to $100 off on flights from Sydney to China, valid across premium carriers including China Southern, China Eastern, Air China, and more. Flash sales are also available for flights from Sydney to Shanghai at $189 on 9 June and 7 July, and the same price also applies for flights from Sydney to Beijing on 23 June and 21 July.
  • Brisbane Airport – Take Off To Asia: Queenslanders can score $50 off flights heading into Asia's popular hubs from today until 14 June.
  • Fly with Batik Air: Discover Southeast Asia with up to $100 off flights from Sydney to destinations across Indonesia and Malaysia.
  • Premium Global Airline Savings:Enjoy an instant $100 off for bookings with Malaysia Airlines with more airline partner discounts to be announced in due course.

Don't Miss Out – Get Ready Now

Download the Trip.com app now to grab these limited-time offers.

Terms and Conditions apply. All promotional offers are available on a first-come, first-served basis within the specified period and while stocks last. Please note that all deals are in AEST time.

For more information, please visit https://au.trip.com/.

About Trip.com

Trip.com is an international one-stop travel service provider, available in 27 languages across 48 countries and regions in 44 local currencies. Offering an extensive hotel and flight network of more than 1.7 million hotels and flights from over 680 airlines, along with over 350,000 in-destination activities, Trip.com covers 3,500 airports in 220 countries and regions. Trip.com's world-class 24/7 multilingual customer service helps to 'create the best travel experience' for its millions of customers worldwide. To book your next trip, visit Trip.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Trip.com Kicks Off Winter Travel Season with EOFY Mega Sale and Massive Flight Perks

Trip.com Kicks Off Winter Travel Season with EOFY Mega Sale and Massive Flight Perks

Trip.com Kicks Off Winter Travel Season with EOFY Mega Sale and Massive Flight Perks

Trip.com Kicks Off Winter Travel Season with EOFY Mega Sale and Massive Flight Perks

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