Australian superannuation fund Mercy Super has appointed Zurich Australia as its life insurance partner, effective from 1 August.
The partnership will see Zurich provide a comprehensive insurance offering and benefits to Mercy Super’s 13,000 members following a competitive tender process.
Members will also have access to Zurich’s health and wellness solutions such as its LiveWell app, its tailored rehabilitation services and wellbeing hub.
Mercy Super was launched to provide benefits to employees of the Sisters of Mercy Queensland in 1962 and now has AU$1.7bn in funds under management.
Mercy Super will also benefit from the opportunity to integrate Zurich with its administrator Grow Admin Co.
Wendy Tancred, CEO of 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.”
Darren Wickham, head of group insurance for Zurich, said the insurer was delighted to be awarded the contract.
“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,” he said.