Travel Insurance Trends: Job Cuts, Modular Policies, and Winter Sports Risks

Allianz may cut up to 1,800 jobs in travel insurance division: report

1 Dec 2025

Allianz may cut up to 1,800 jobs in its travel insurance division over the next 12–18 months, primarily affecting call centre roles, as AI replaces manual processes, according to Reuters. The potential reductions were first reported by German media Versicherungsmonitor. Allianz has not commented on the specifics but confirmed confidential talks with works councils are ongoing.

AA, Cover-More unveil modular travel cover for New Zealanders

1 Dec 2025

AA Travel Insurance has partnered with Cover-More Travel Insurance to offer New Zealand travellers more flexible, modular policies that can be tailored to trip type, budget, and risk profile. Customers can add optional cover for activities like cruising, snow sports, adventure sports, motorbikes, and mopeds, paying only for the benefits they need. The partnership includes domestic customer support, an online quote-and-pay platform, and a “follow the sun” emergency assistance service. The move responds to strong demand for travel insurance, with 84% of prospective travellers in New Zealand planning to buy cover for peace of mind and financial protection. The product aims to serve families, adventure travellers, and those seeking more customised travel protection.

Switzerland Warns UK Travelers About Risks of Winter Sports and Inadequate Insurance Coverage

30 Nov 2025

UK travelers heading to Switzerland for winter sports are being urged to ensure they have the right travel insurance, especially for high-risk activities like off-piste skiing, snowboarding, and mountaineering. Accidents in the Swiss Alps can result in serious injuries and expensive helicopter rescues costing over £3,000, which may not be covered by standard policies. Travelers should consider specialist ski insurance, check for exclusions, and confirm coverage for emergency evacuation and medical costs. With winter weather and adventure tourism risks in mind, proper insurance is essential to protect both health and finances. Planning ahead ensures a safer, worry-free winter sports holiday.