TravelCard travel insurance hires Michael Storozhev as Chief Underwriting Officer

TravelCard Real-TimeTM Travel Insurance has appointed Michael Storozhev as its Chief Underwriting Officer as the travel insurance MGA sets out to shake up the Australian market.

“I am delighted that Michael has chosen to join TravelCard at a pivotal moment as we relaunch our business in Australia. He shares our vision for how travel insurance can be better and is customer-centric to his core. As Chief Underwriting Officer, Michael will be responsible for underwriting and pricing and he will also be leading the charge on our innovation agenda in travel insurance and beyond.” said Peter Klemt CEO, TravelCard.

“Michael’s experience and expertise in this space are unparalleled, and he completes what I believe is an outstanding leadership team for TravelCard. We have diverse backgrounds, expertise and ways of thinking, but are united by our drive to revolutionise travel insurance – combined, those things give us the foundations to offer Australian travellers a very compelling alternative” added Klemt.

Michael Storozhev commented “The resurgence in international travel since Australia’s borders reopened has highlighted the need for travel insurance to better meet traveller’s needs and expectations. There is a huge opportunity in the travel insurance space for a new market entrant to shake things up and I can’t wait to drive a unique customer experience with TravelCard’s real-time travel insurance proposition.”

Storozhev has spent the past 7 years at Cover-More Group where he was most recently General Manager, Strategic Underwriting AUNZ and Head of Global Insurance Products and Underwriting at Cover-More Group. His CV also includes stints in the actuarial teams at IAG and RACQ, and he is a past joint recipient of the Melville Actuaries Summit Prize for his co-authorship and contribution to education on anti-discrimination in insurance.

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ABOUT TRAVELCARD

TravelCard is part of the successful global PassportCard Group, who have been providing innovative travel insurance solutions since 2014. With operations in Israel, Germany and Australia, PassportCard Group provides global data to support their market-leading travel insurance and international private medical insurance policies. The David Shield / PassportCard group is half-owned by the White Mountains Insurance Group listed on the NYSE.

TravelCard is the trading name of TCA Insurance Services Pty Ltd ABN 76 621 476 220, a full-service underwriting agency specialising in travel insurance offering Australia’s first travel insurance solution with real-time payments – so customers are not left out of pocket if they have a medical issue overseas, lose their luggage or have cash stolen.

For further information, or interview, please call:

Liz Telford, TravelCard Chief Commercial Officer

0479 052 677

liz.telford@travelcard.com.au