Southern Cross Travel Insurance
- Company typePrivate
- Founded1982
- HeadquartersAuckland, New Zealand
- Headcount51–100
- GTM typeB2C
- OfferingServices
Southern Cross Travel Insurance firmographics
Firmographics- Name
- Southern Cross Travel Insurance
- Legal name
- Southern Cross Benefits Limited
- Website
- https://scti.co.nz
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Southern Cross Travel Insurance industry classification
Industry- Product category
- Travel Insurance
- NAICS
- Direct Life, Health, and Medical Insurance Carriers (52411), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Travel Insurance & Corporate Risk Transfer (Trip, Medical, Kidnap & Ransom) (THACAEAH)
- akta.pro secondary industries
- Travel Medical Insurance (Individual) (FSAIAEAI), Student & Study-Abroad Travel/Accident Insurance (FSAJAJAJ), International Student Health & Travel Insurance (EDAIAMAA), International/Expatriate Individual Health Insurance (FSAIAEAH)
Keywords
Where Southern Cross Travel Insurance is headquartered
LocationHeadquarters
- HQ city
- Auckland
- HQ country
- New Zealand
- HQ region
- Oceania
Offices1 record
Markets served
Southern Cross Travel Insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Travel Insurance Premiums: Core revenue from selling travel insurance policies including International Comprehensive, Annual Multi-trip, International Medical Only, Domestic, Working Overseas, International Student, and Visiting NZ policies. Premiums can be one-time (single trip) or subscription-based (annual multi-trip).
- Policy Add-ons and Optional Coverage: Additional premiums collected for optional add-ons such as skiing and snowboarding cover, pre-existing medical condition cover, and enhanced coverage levels.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | International Comprehensive - Single trip comprehensive coverage |
| Subscription | Annual | Annual Multi-trip - Multi-trip annual coverage |
| Subscription | Pay-as-you-go | International Medical Only - Essential medical cover |
| Subscription | Pay-as-you-go | Domestic - NZ travel coverage |
| Subscription | Pay-as-you-go | Working Overseas - Extended international coverage |
| Subscription | Pay-as-you-go | International Student - Student visitor coverage |
| Subscription | Pay-as-you-go | Visiting NZ - Non-resident coverage |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Southern Cross Travel Insurance product offering
Product offeringCore offering
Southern Cross Travel Insurance underwrites and sells its own travel insurance policies directly to individual travellers via its website and contact center. It offers seven policy types covering international single-trip, annual multi-trip, medical-only, domestic NZ, working overseas, international student, and visiting New Zealand travel. Policies are accompanied by 24/7 emergency assistance, online self-service through the My SCTI portal, and optional add-ons such as skiing/snowboarding cover and pre-existing medical condition cover.
Differentiator
Problem solved
Functional benefit
Products and services
- International Comprehensive
- Annual Multi-trip
- International Medical Only
- Domestic
- Working Overseas
- International Student
- Visiting New Zealand
Quantifiable outcome
- Over 6 million travellers insured since 1995
- +2 more outcomes
Companies that use Southern Cross Travel Insurance
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
Southern Cross Travel Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Southern Cross Travel Insurance partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
Southern Cross Travel Insurance competitors and assessment
Company assessmentDirect peers
- World Nomads: World Nomads is a leading direct-to-consumer travel insurance brand owned by Cover-More, operating across Australia, New Zealand, and other markets. It is highly comparable to SCTI given its digital-first DTC model, similar product suite (single-trip, annual, working holiday, student), and overlapping ANZ customer base.
- Cover-More Travel Insurance: Cover-More is one of the largest specialist travel insurers in Australia and New Zealand, offering direct and partner-distributed policies. It is a direct peer to SCTI given its ANZ footprint, similar product structure, and comparable focus on leisure and working-holiday travellers.
- 1Cover Travel Insurance: 1Cover is a direct-to-consumer online travel insurance provider in Australia and New Zealand with a similar product set (comprehensive, annual multi-trip, medical-only). It is a close direct peer to SCTI given its digital-only distribution and price-competitive positioning in ANZ.
- Budget Direct Travel Insurance: Budget Direct is an Australian direct insurer offering travel insurance as part of a broader personal lines portfolio, distributed online. It is comparable to SCTI's digital, self-serve model targeting value-conscious ANZ leisure travellers.
- Fast Cover Travel Insurance: Fast Cover is an online-first Australian travel insurer with similar single-trip, annual, and working-overseas products. It competes head-to-head with SCTI in the ANZ online travel insurance market, particularly on price.
Broad incumbents
- Allianz Travel Insurance: Allianz Travel, part of the global Allianz Group, is a dominant international travel insurance brand operating in Australia and New Zealand. It is comparable to SCTI in product offering and target customer, but is a much larger, broader insurer with deeper capital and global reinsurance.
- AIG Travel: AIG Travel is the travel insurance arm of global insurer AIG, providing trip, medical, and cancellation cover worldwide. It is a broad incumbent peer given its full-stack product offering, although AIG is materially larger and globally distributed compared to SCTI's regional focus.
- Chubb Travel Insurance: Chubb offers personal travel insurance in Australia as part of a global specialty P&C portfolio. It is a broad incumbent comparable to SCTI in product suite but with significantly greater financial scale and global underwriting capacity.
Others
- Southern Cross Health Insurance: Southern Cross Health Insurance is a sister entity within the Southern Cross Group providing domestic health insurance in NZ. It is thematically related as a sibling brand under the same parent and shares the trusted Southern Cross name, though it operates in a different product category (health, not travel).
- InsureMyTrip: InsureMyTrip is a US-based travel insurance comparison marketplace. It is an indirect peer/ecosystem participant relevant to SCTI as aggregators increasingly influence travel insurance distribution and price discovery in the digital channel.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Southern Cross Travel Insurance social profiles
Digital presenceSouthern Cross Travel Insurance compliance and trust
Trust signalCompliance5 records
Southern Cross Travel Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Southern Cross Travel Insurance leadership team
Management profileNumber of profiles
Profiles2 records
Southern Cross Travel Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Southern Cross Travel Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Southern Cross Travel Insurance
What does Southern Cross Travel Insurance do?
Southern Cross Travel Insurance underwrites and sells its own travel insurance policies directly to individual travellers via its website and contact center. It offers seven policy types covering international single-trip, annual multi-trip, medical-only, domestic NZ, working overseas, international student, and visiting New Zealand travel. Policies are accompanied by 24/7 emergency assistance, online self-service through the My SCTI portal, and optional add-ons such as skiing/snowboarding cover and pre-existing medical condition cover.
Is Southern Cross Travel Insurance a public or private company?
Southern Cross Travel Insurance is a private company. It is classified as corporate owned and is currently operating.
When was Southern Cross Travel Insurance founded?
Southern Cross Travel Insurance was founded in 1982. It employs 51 to 100 people.
Where is Southern Cross Travel Insurance based?
Southern Cross Travel Insurance is headquartered in Auckland, New Zealand, in the Oceania region.
How does Southern Cross Travel Insurance make money?
Two revenue lines are on record. Travel Insurance Premiums are the primary driver. The others are policy Add-ons and Optional Coverage.
Who are Southern Cross Travel Insurance's main competitors?
Direct peers on record are World Nomads, Cover-More Travel Insurance, 1Cover Travel Insurance, Budget Direct Travel Insurance and Fast Cover Travel Insurance. Broad incumbents are Allianz Travel Insurance, AIG Travel and Chubb Travel Insurance. Others are Southern Cross Health Insurance and InsureMyTrip.
Does Southern Cross Travel Insurance have an API?
No public API is recorded for Southern Cross Travel Insurance.
What industry is Southern Cross Travel Insurance in?
Southern Cross Travel Insurance's product category is Travel Insurance. Its primary akta.pro industry code is THACAEAH, Travel Insurance & Corporate Risk Transfer (Trip, Medical, Kidnap & Ransom), with a secondary code of FSAIAEAI, Travel Medical Insurance (Individual). Its NAICS code is 52411 and its SIC code is 6321.