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Zurich appointed as new life insurance partner for Mercy Super

 

1 June 2022

Mercy Super has appointed Zurich Australia Limited (Zurich) as its new insurance partner, effective 1 August 2022.

First established to provide benefits to employees of the Sisters of Mercy Queensland in 1962, Mercy Super now has $1.7 billion in funds under management. The partnership will see Zurich provide a comprehensive insurance offering and benefits to Mercy Super’s 13,000 members.

Mercy Super awarded the mandate to Zurich following a competitive tender process. In naming Zurich as their insurance partner, Mercy Super cited Zurich’s strong global brand and innovation, as well as the opportunity to provide a bespoke insurance offering to its members. Mercy Super will also benefit from the opportunity to integrate Zurich with their administrator, GROW Admin Co.

The new partnership will give Mercy Super members access to Zurich’s market-leading health and wellness solutions such as its LiveWell app, our tailored rehabilitation services and the new My Wellbeing Hub, an information portal providing resources for both Mercy Super and its members.

Wendy Tancred, CEO at Mercy Super said: “Mercy Super has a long-standing tradition of providing its members with quality insurance cover that is fit-for-purpose for our membership community - supporting them in their time of need. We’re proud to be able to continue this tradition in our new insurance partnership with Zurich.”

Commenting on the appointment, Darren Wickham, Head of Group Insurance for Zurich, said: “We’re delighted to be given the opportunity to provide the members of Mercy Super with peace of mind via great value insurance.  We are passionate about members understanding and engaging with the fund about the cover they have, and we look forward to helping Mercy Super do this”.

 

 

Zurich Financial Services Australia is a life insurance, commercial insurance and investments specialist that has been participating in the Australian market since 1920. Since its acquisition of OnePath Life from ANZ in 2019, the company provides life insurance to more than 1.5 million Australian customers under both the Zurich and OnePath Life brands.  Further information about Zurich Financial Services Australia is available at www.zurich.com.au.
 

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.

Reflecting its purpose to ‘create a brighter future together’, Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.

The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.