Pet Insurance - UK - August 2019
Covered in this report
This report focuses on the United Kingdom (UK) pet insurance market. Pet health plans are also mentioned (specifically in the consumer section Interest in Pet Health Plan Features), although these products are not covered as part of the Market Size, Market Segmentation or Market Share sections of the report.
Pet insurance is designed to cover medical expenses if the insured pet becomes ill or is injured in an accident. Most products cater for cats and dogs, although there are policies available for horses and ponies, rabbits, fish and more exotic pets. For full definitions of the different levels of cover, see the Report Appendix.
“Following a period of significant growth, the pet insurance market stalled in 2018. Despite this, a large number of pets remain uninsured, and there is room for greater uptake of cover in the near future. Developments related to wearable technology and how this can be used to track a pet’s health and wellbeing will appeal to younger pet owners. Online claim solutions, and 24/7 online vet consultations are also adding value to the market.”
– Douglas Kitchen, Financial Services Analyst
This report examines the following issues:
- New technology will encourage younger pet owners to take out cover
- Bespoke policies and benefits for multi-pet owners can help boost sales
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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