M/18/064 – Cover-More Australia (Zurich)/Blue Insurance
Transaction details
The proposed acquisition by Zurich Group, through its wholly-owned indirect subsidiary Cover-More Australia Pty Ltd, of sole control of Blue Insurance Limited and its subsidiary, Blue Insurances Australia Pty Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday August 8, 2018 | Monday, September 17, 2018 |
| Parties Involved | Business activities |
|---|---|
| Cover-More Australia Pty Ltd | Cover-More Australia Pty Ltd is part of the Zurich Group of insurance companies. Cover-More Group provides travel insurance services, medical assistance and employee assistance cover, |
| Blue Insurance Limited | Blue insurance Limited is an Irish-owned insurance company and is active in car, home, travel, gadget, car hire excess, pet, wedding, motor breakdown and bicycle insurance. Blue Insurance Limited trades in Ireland, the UK and Australia. |
| Economic sector | Media merger |
|---|---|
| Financial and Insurance Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, August 21, 2018 | |
| Current status: Completed |
|---|
| Preliminary investigation (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cathal Hanley | e-mail: cathalhanley@ccpc.ie |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555