How insurtech can help us better look out for our pets
There’s no hiding from the fact that we spend a lot of time and money on our pets. And as a nation of animal lovers, many in the UK took what positives they could out of the pandemic lockdowns and got a new pet. In fact, cat and dog ownership in the UK grew by around 63% and 39% respectively since the start of the Covid-19 pandemic – with 3.2 million households acquiring a new pet.
This rapid increase in pet ownership in the UK since Covid-19 has highlighted the importance of insurance. But how relevant is traditional pet insurance in the modern world?
This blog shines the spotlight on a sector ripe for transformation and how insurtech can help us better look out for our pets.
Topics covered:
• A low insurance penetration market.
• Change is in the air.
• Personalised user experience.
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