Processing timeline
18
days
Filed
3 July 2026
Decision Due
14 Aug 2026
Est decision date: 5 Aug 2026. Based on 39 decided Professional & Business Services notifications.
Acquirer(s)
AWP Australia Pty Ltd ABN - 52 097 227 177
Target(s) or Vendor(s)
nib Travel Pty Ltd ABN - 48 132 902 713
Other parties
Suresave Pty Ltd ABN - 82 137 885 262, nib Travel Services (Australia) Pty Ltd ABN - 81 115 932 173, nib Travel Insurance Distribution Pty Ltd ABN - 40 129 262 175, nib International Assistance Pty Ltd ABN - 72 164 763 884, AWP Australia Holdings Pty Ltd ABN - 75 097 227 211, nib Holdings Ltd ABN - 51 125 633 856, Travel Insurance Direct Pty Ltd ABN - 30 121 659 470
AWP Australia Pty Ltd (Allianz Group) proposes to acquire certain assets of nib Travel Pty Limited's Australian travel insurance distribution portfolio. This asset sale in the general and travel insurance sector includes a distribution agreement, allowing nib Group to distribute white-labelled Allianz travel insurance products.
AWP Australia Pty Ltd ( AWP ), trading as Allianz Global Assistance, proposes to acquire certain assets of the travel insurance distribution portfolio of nib Travel Pty Limited ( nib ) (the Acquisition ). AWP is part of the Allianz Group ( Allianz ), a global insurance provider whose holding company, Allianz SE, is based in Germany. AWP issues travel insurance products underwritten by Allianz Australia Insurance Limited. nib is part of the nib Group, a general insurance provider operating in Australia and New Zealand. nib Group primarily supplies health insurance. It also manages and distributes travel insurance policies in Australia under different brands, which are underwritten by Pacific International Insurance. AWP and a nib Group entity also propose to enter into a distribution agreement as part of the transaction. This agreement will enable nib Group to continue distributing white-labelled Allianz travel insurance products to its health insurance customers as an authorised representative of AWP.
The ACCC has prepared a questionnaire on the Acquisition. Submissions or information in response to the questionnaire should be provided by 10 July 2026 via email to mergers@accc.gov.au with the title Submission re: Allianz – certain assets of nib’s Australian travel insurance business . The ACCC’s ability to give detailed consideration to submissions received after this time may be limited.