No. The insurance sold by Rental Vehicle Excess Insurance is an Allianz Australia product.
It is an alternate cover to the excess reduction products sold by car rental companies.
The product provides cover for all licensed car rental companies for travel within Australia.
Full product terms and conditions are outlined in the Product Disclosure Statement (PDS).
The VroomVroomVroom Insurance Page explains the protection options available when hiring a rental car for travel within Australia.