Only one-fifth of the UK population purchases insurance for their pet yet incidences of fraud are soaring, from £420,000 in 2009 to nearly £2m in 2014.
Pet insurance is a promising market – and one that is as exposed to fraud as other sectors
Pet claims fraud is on the rise and insurers are developing or contemplating new tools against it: a database, cross-referencing strategies and pet photographs on policy documents.
They say dog is a man's best friend, but this is seemingly untrue when said dog has cost you thousands of pounds worth of damages to your home.
Almost four million cats and dogs are insured in the UK but a significant number of pet owners are leaving their pets uncovered.
Blog to the future: One day, more than 10 customer interactions – could this be an insurer reality by 2030
The alarm goes, it is 6:45am on 25 July 2030; and the first thing you do is check your Healthcare Insurer-provided wearable tech-band to see how your sleep rated.
As member of the Allianz SE board of management, responsible for global insurance lines, Anglo markets and Russia, Axel Theis is a busy man. Post caught a few moments during a brief trip to London to find out what's in store for this global company.
RSA has agreed to expand its network of approved veterinary referral centres, but the announcement has already fallen into acrimony.
It has finally clicked with insurers that they need to engage with customers on social media, as it can help attract new business and build trust.
A national record of pet insurance claims has been launched as a tool in the fight against fraud.
Andrew Moore is a veterinary consultant at RSA, helping take care of the nation’s pets
A new pet aggregator site has been launched by Markerstudy, after it identified “a gap in the market”.
RSA has been slammed by veterinarians for restricting full cover to a small network of referral centres across the country.
Despite the public outcry over the affinity partnership between Age UK and Ageas, a clear objective and strategy can reap rewards for both halves of a deal.
NCI aims to net £1.2m gross written premium in the first year from its first venture into equine cover.
Full-service insurance provider Emerald Life launches today (30 March) with its first products designed specifically for the LGBT community.
Vets and insurers should work together to develop and shape the pet insurance market
Digital disruptors are digging out niches and targeting poorly-served sectors as the push for market share ramps up in 2016.
Broker Brightside will trial a pet insurance product, acting as an introducer for Purely Pets Insurance, owned by Markerstudy.
A unified pet register to counter fraud has been championed by pet insurance software firm Aquarium ahead of the implementation of compulsory microchipping for all dogs in England.
Legal & General is to start underwriting all new business for its pet insurance product from 1 January 2016.
Aquarium Software has backed calls for pet insurance to be made compulsory by law in Scotland as a step in the right direction for owners, animals, vets and insurers.
The Association of British Insurers has highlighted how a range of policies will be impacted when the Insurance Premium Tax increase takes effect in November.