All Pet articles
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News
Backchat: November 2024
A mummified cat, a third birthday, a golden retriever and a new video series on reinvention. What has the insurance industry been up to of late? You heard it here first…
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Quantee inks long-term deal to help insurer with pet pricing
’There is a responsibility and regulatory requirement from insurers to provide fair pricing to the consumer and to be transparent,’ says director
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Ancillary insurance provider signs landlord pet damage capacity deal with SAGIC
’We are excited to be working with Addept to offer brokers and their landlord clients access to an important addition to the landlord property insurance market portfolio that responds directly to the new Renters’ Rights Bill,’ says director
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Backchat: October 2024
A new restaurant opening, a conference with a twist and something for all pet lovers – what has the insurance industry been up to of late? You heard it here first…
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News
Insurtechs becoming more attractive as acquisition targets for insurance groups
’[It] can take a long time to get that sort of innovation and generate capacity, so it is often easier for insurance firms to go and buy an insurtech,’ says chief underwriting officer
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Vet nurse in the doghouse after £13,334 pet scam
’Allianz is committed to protecting our customers and business against the harms of fraud,’ says director of financial crime
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UK pet insurance policies reached record numbers in 2023 – ABI
’It’s encouraging to see record numbers of pet owners all over the UK take out insurance to help cover the cost of veterinary treatment,’ says senior policy advisor for general insurance
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News Analysis
Pet insurance sector can’t afford to let sleeping dogs lie where fraud risk is concerned
While the UK pet insurance market has grown rapidly in recent years, its ability to detect and combat fraud has not caught up – with the size of this problem not yet known
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Cat microchipping could help insurers ‘enhance fraud detection’
’By implementing microchipping, insurers could verify the identity of insured pets, thereby reducing the likelihood of fraudulent claims,’ says chief executive
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Rise in pet insurance policies could be causing ‘unnecessary confusion’
’The current volume of options could be causing further confusion for consumers,’ says expert
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Pret owner announces major push into insurance market
’As we expand, our priorities include creating a global insurance business,’ says chief financial officer
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Napo ‘first pet insurer’ in UK to offer medical cover for XL Bullies
’We decided to create this policy after speaking to several pet parents who’ve struggled getting access to healthcare,’ says chief executive
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Pet premiums drop as CMA announces vets market concerns
’The CMA’s announcement alongside the reduction in pet insurance premiums in the same month is significant,’ says director
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Pet insurance premiums continue to rise in 2024
’The broader year-on-year movement is raising considerable concern,’ says director
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ManyPets’ group chief executive Mendel to depart for ‘change’
The business has also announced a successor
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Pet wearables firm launches product in partnership with Ignite and Covèa
’This is a watershed moment in UK pet insurance,’ says chief executive
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Pet insurance premiums spike in last six months of 2023
Director says the group will monitor a new investigation by the CMA to see if it will have ‘any ramifications on pet insurance pricing in the year ahead’
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Prices rise across personal lines sector in January 2024
’How long this will continue to remain is difficult to determine,’ says director
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News Analysis
TechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance