Allianz Global Assistance has moved in the wake of the recent Qantas industrial disruption to reassure clients that all future industrial action relating to the airline would be considered an insurable event.
Claiming the move was unprecedented, Allianz Global Assistance chief executive Ian Norris said the insurance provider wanted to provide certainty for its customers by declaring any future incidents related to the strike action as a new event for claims assessment purposes.
"Australians who purchased a travel insurance policy provided by Allianz Global Assistance after midnight on November 1 can be comforted by this decision," he said.
Norris said Allianz believed it was the first major Australian travel insurance provider to take such a step.
