InsureandGo named Australia’s ‘Best Value Basic Travel’ insurance by Mozo

InsureandGo receives ‘Highly Commended Best Value’ Comprehensive Cover

Sydney, 19 June 2014 – Online travel insurance provider, InsureandGo has received the highest possible ranking, the gold medal, from Australia’s leading travel insurance comparison site, Mozo, in their inaugural Experts Choice Travel Insurance Awards.

InsureandGo received the ‘Gold Award’ in the ‘Best Value Basic Cover’ category for its popular One Trip Bare Essentials policy, making it Australia's best value basic travel insurance policy according to Mozo’s team of impartial experts.

InsureandGo also received the ‘Highly Commended’ award in the ‘Best Value Comprehensive Cover’ category for its Silver policy which was found to be in the top 10% of best value comprehensive policies in the Australian marketplace.

The Mozo Experts Choice Awards were designed to highlight the banking and insurance products in the marketplace that offer the best value to Australian consumers.

Mozo rated 133 policies from 57 Australian travel insurers by gathering quotes for a range of common travel scenarios. Quotes for each scenario were averaged to determine the insurers with the lowest minimum average premiums in the categories of comprehensive and basic travel insurance.

Mozo – which stands for Money Zone – is Australia’s leading travel insurance comparison and reviews site and has one of the most comprehensive online travel insurance databases in Australia. Currently around 300,000 Australians per month use Mozo’s financial comparison services.

InsureandGo General Manager Sebastian Kaisin said that InsureandGo Australia was delighted to have received the gold medal within the ‘Best Value Basic Cover’ category as well as receiving the Highly Commended award in the ‘Best Value Comprehensive Cover’ category.

“This is a great achievement to be recognised by Australia’s leading travel insurance comparison site, Mozo, for the outstanding value and comprehensive cover offered by two of our most popular travel insurance products,” Mr Kaisin said.

“Being a solely online travel insurance provider most certainly gives us a cost advantage; allowing us to pass significant savings on to our customers, without reducing the high level of coverage and assistance that we provide, in areas that really matter to travellers.”

Mozo Director, Kirsty Lamont said that the Mozo Choice Awards are an initiative by Mozo that recognises Australia’s best value financial products and helps Australians save money by choosing the best value products.

“The inaugural Mozo Experts Choice Awards aim to help travellers find the best value insurance and avoid paying too much, allowing travellers to make an informed decision about which is the best travel insurance policy for their needs,” Ms Lamont said.

“Mozo is delighted to award InsureandGo with these two top awards in our independent comparison of 133 policies.

“Significantly, InsureandGo's ‘One Trip Bare Essentials’ policy has been found to be the best value basic travel insurance policy in Australia.”

Mr Kaisin said we know that price is one of the strongest drivers for consumers when it comes to choosing a travel insurance policy so we are happy that Mozo has found one of our most popular policies to be the the best value basic travel insurance policy in Australia.

“This is further reinforcement of our company’s ambitions, to be Australia’s leading and best value online travel insurance provider,” Mr. Kaisin said

The Mozo Experts Choice Awards use a gold, silver and bronze awards classification system for the top three travel insurers in each category. The remaining top 10% of policies in each category received a Highly Commended award.

InsureandGo is one of world’s largest online travel insurance, established in the UK in 2000 and launched in the Australian marketplace in 2010. Globally, the company covers over 1.6 million travellers every year.

For further information on InsureandGo’s award winning travel insurance policies, please visit www.insureandgo.com.au.