“Can a specialist travel insurer maintain market leadership in Australia by delivering award-winning, exclusively travel-focused insurance products with best-in-class claims experience and modern payment infrastructure?”
Founded in 2003 as an early pioneer of online travel insurance in Australia, 1Cover has grown to serve millions of Australian and New Zealand travellers. The company has remained exclusively focused on travel insurance, evolving its underwriting relationships over time (from Arch Insurance, to Lloyd's of London, to HDI Global Specialty SE – Australia in 2023). In 2026, it modernized its payments infrastructure by consolidating onto Adyen, replacing a fragmented multi-provider setup that had introduced operational complexity and rising costs as the business scaled.
1Cover processes payments through Adyen.
1Cover is founded in 2003 and headquartered in Level 1, 332 Kent Street, Sydney NSW 2000, Australia.
Get a read on where your own stack stands against 1Cover and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.