Santa Ana, Calif.- based ensurApet, Inc. has issued a bulletin, which notes that “health insurance for pets in the United Kingdom is growing at a record rate.”
CEO, Russell Smith stated: “According to Mintel, a leading analyst firm whose U.K. research spans more than three decades, the pet health insurance market in the U.K. is worth more than £ 245 million, or over $495 million. There are currently over 1.85 million pet health insurance policies in place, and approximately 50 pet health insurance providers in the country.”
He explained that the coverage is being distributed through major UK outlets. These include: TESCO, a major grocery store chain, Blue Cross, Pedigree, Pet Plan (an Allianz company whose gross premium income exceeds £1.634 billion), The Kennel Club, Equine & Livestock and AXA Insurance, the UK division of France’s AXA Group.
Source: ensurApet – www.ensurapet.com
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