ASIC secures consumer remediation of over $10 million from Allianz for travel insurance

ASIC has secured $10 million in remediation from Allianz Australia Insurance Limited (Allianz) and AWP Australia Pty Ltd trading as Allianz Global Assistance (AWP) for travel insurance potentially mis-sold to around 31,500 consumers through Allianz’s own website and those of its distribution partners, including Expedia. Allianz distributes travel insurance through a number of channels, including …

ASIC secures consumer remediation of over $10 million from Allianz for travel insurance Read More »