Odie Pet Insurance’s Post

According to the North American Pet Health Insurance Association, the U.S. has a pet insurance penetration rate of about 4%. This is considerably lower than other countries, such as the U.K.'s 30% penetration rate or Sweden's 80% rate. #PetInsurance #ComplexitySimplified #HealthyHappyPets https://hubs.li/Q02v3tqL0

Discover if renters insurance safeguards your furry friends. Explore pet protection, liability coverage, and exclusions. Learn more here: https://lnkd.in/dYEyBm2j #SpotlightInsurance #Denver #DenverColorado #Colorado #ColoradoInsurance #RentersInsurance #RentersInsuranceCoverage

Some interesting data coming out of the North American Pet Health Insurance Association - Canadians spent approximately $485.5 million on pet insurance premiums in 2023 which is a 29.8% increase over the prior year. Coverage is broken down into Accident Only, Accident & Illness, Insurance with Embedded Wellness, and Endorsements. As employers look to building a more robust engaging value proposition to attract and retain talent, consider the opportunity to add personal spending accounts to help members afford the costs. Keep watching for updates on a new Selectpath solution that provides employees access to voluntary portable insurance solutions. #hr #benefits #groupinsurance #petinsurance #innovation

JAB HOLDING COMPANY LLC will build a global #insurance platform and establish an #assetmanagement company under the leadership of Anant Bhalla, who has joined as Senior Partner and Chief Investment Officer. “This is the next phase of JAB’s evolution into a more diversified investment firm,” said Peter Harf, Managing Partner, Founder, and Chairman of JAB. “With this milestone, we are ideally positioned to deliver sustainable, long-term shareholder value for generations to come.” Joachim Creus, Managing Partner, Vice Chairman, and CEO of JAB, added: “In 2012, Peter set in motion a long-term strategic vision to transform a family office into a leading investment firm in consumer goods and services. Today, JAB manages more than $50 billion of assets, including a fast-growing pet insurance business. We will expand on our success in insurance with the build out of a global insurance platform and asset manager led by one of the most successful veterans in the industry. Anant is an incredible talent with a proven track record of creating sustainable value through the convergence of asset management and insurance. We are very fortunate to welcome him to the JAB Partnership.” JAB has already built one of the world’s leading pet insurance businesses. Through Independence Pet Group and Pinnacle Pet Group, JAB owns 20+ pet insurance brands that operate in 10+ countries, insure 5+ million pets, and will generate more than $3 billion in global revenues in 2024. Pet insurance is one of the fastest growing insurance verticals, benefiting from the humanization of pets. The industry is highly under-penetrated and expected to continue to grow rapidly over the next decade and beyond. “Pet insurance, which sits at the crossroads of consumer products and insurance, was a natural first step into insurance for JAB,” added Frank Engelen, Managing Partner, and CFO of JAB. “As we expand beyond consumer, our priorities include creating a global insurance business and thematic asset management capabilities, significantly diversifying JAB’s investment portfolio for the benefit of our shareholders.” https://lnkd.in/eKfTRJfi

𝐍𝐎𝐖 𝐘𝐎𝐔 𝐂𝐀𝐍 𝐈𝐍𝐂𝐋𝐔𝐃𝐄 𝐏𝐄𝐓 𝐈𝐍𝐒𝐔𝐑𝐀𝐍𝐂𝐄  – 𝐁𝐞𝐜𝐚𝐮𝐬𝐞 𝐰𝐞’𝐯𝐞 𝐦𝐚𝐝𝐞 𝐢𝐭 𝐭𝐡𝐚𝐭 𝐦𝐮𝐜𝐡 𝐞𝐚𝐬𝐢𝐞𝐫. If you are considering underwriting Pet Insurance, but you’re not sure of all the issues, loopholes, expectations, etc., then speak to us first. Through our many years of experience in Pet insurance, we’ve applied our knowledge and developed functional and effective systems and software that make delivering this service way easier and far more manageable than before. For example, one of the notable criteria when offering Pet Insurance, is that pets go through a cycle of risk during their lives – and this is of key importance for Insurers. The cycle changes at various stages of their lives, and so the insurance package should alter in relation to these changes. In a perfect (business) world, you need to know that your claims system will track these cycles, and in so doing, also cross-reference claims data to manage claims more effectively. Is this even possible? - Yes, because we will provide you with all the necessary software & systems that will fully and functionally facilitate the service. With our claims management systems in place, you can rest assured that your underwriting of pet cover will be accurate, and claims can be easily managed. (Just like the results you’d expect of obedience class!) Speak to us. For enquiries and advice, please feel free to connect with Scott Roberts or email him at: [email protected] For more information: [email protected] or visit our website at : www.denisglobal.com The types of businesses we can support: (not limited to) - Insurers - MGA’s - Brokers - Employee Benefits Providers - Flex Benefit Providers - Employers and Employees - Human Resources Departments We also offer: • To set-up the right support services for you • Incorporate branding and aesthetics that are tailored to your identity • Implement fully organic systems that grow with your business! Additional Administrative services & support available from us: (not limited to) - Policy management and fulfilment - Claims processing - Premium collection and customer invoicing - Electronic customer services - Immediate claims payments - Financial reconciliation - Automated communications For more information: www.denisglobal.com #DenisGlobal #InsuranceSolutions #InsuranceSystems #InsuranceSupport #InsuranceSoftware #CustomisedInsurance #PetInsurance

𝐍𝐎𝐖 𝐘𝐎𝐔 𝐂𝐀𝐍 𝐈𝐍𝐂𝐋𝐔𝐃𝐄 𝐏𝐄𝐓 𝐈𝐍𝐒𝐔𝐑𝐀𝐍𝐂𝐄  – 𝐁𝐞𝐜𝐚𝐮𝐬𝐞 𝐰𝐞’𝐯𝐞 𝐭𝐚𝐤𝐞𝐧 𝐭𝐡𝐞 𝐬𝐧𝐚𝐩 𝐨𝐮𝐭 𝐨𝐟 𝐢𝐭. If you are considering underwriting Pet Insurance, but you’re not sure of all the issues, loopholes, expectations, etc., then speak to us first. Through our many years of experience in Pet insurance, we’ve applied our knowledge and developed functional and effective systems and software that make delivering this service way easier and far more manageable than before. For example, one of the notable criteria when offering Pet Insurance, is that pets go through a cycle of risk during their lives – and this is of key importance for Insurers. The cycle changes at various stages of their lives, and so the insurance package should alter in relation to these changes. In a perfect (business) world, you need to know that your claims system will track these cycles, and in so doing, also cross-reference claims data to manage claims more effectively. 𝐈𝐬 𝐭𝐡𝐢𝐬 𝐞𝐯𝐞𝐧 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞? - 𝐘𝐞𝐬, 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐲𝐨𝐮 𝐰𝐢𝐭𝐡 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐲 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 & 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐭𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐟𝐮𝐥𝐥𝐲 𝐚𝐧𝐝 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥𝐥𝐲 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐚𝐭𝐞 𝐭𝐡𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞. With our claims management systems in place, you can rest assured that your underwriting of pet cover will be accurate, and claims can be easily managed. (Just like the results you’d expect of obedience class!) Speak to us. For enquiries and advice, quotes and demos, please feel free to connect with Scott Roberts or email him at: [email protected] Or, for more information you can also email us at: [email protected] or visit our website at : www.denisglobal.com The types of businesses we can support: (not limited to) - Insurers - MGA’s - Brokers - Employee Benefits Providers - Flex Benefit Providers - Employers and Employees - Human Resources Departments We also offer: • To set-up the right support services for you • Incorporate branding and aesthetics that are tailored to your identity • Implement fully organic systems that grow with your business! Additional Administrative services & support available from us: (not limited to) - Policy management and fulfilment - Claims processing - Premium collection and customer invoicing - Electronic customer services - Immediate claims payments - Financial reconciliation - Automated communications For more information: www.denisglobal.com #DenisGlobal #iDenis #PetInsuranceSystems #PetInsuranceSoftware #PetInsuranceSolutions

UNDERWRITNG PET INSURANCE? – Let us help you make it a walk in the park. We’ve applied what we’ve learnt, through our many years of experience in Pet insurance. For example, one of the notable criteria when offering a Pet Insurance package, is that dogs go through a cycle of risk during their lives – and this is of key importance for Insurers. The puppy stage is expensive; then it settles down into a low-risk area for a few years, but later as the dog enters their senior years, costs tend to escalate again. As a result, you need to know that your claims system will track these cycles, and in so doing, also cross-reference claims data to manage claims more effectively. Yes, we provide software systems that actually do this. With our claims management systems in place, you can rest assured that the underwriting of a pet’s cover is accurate, and that the claims are being properly managed. Speak to us. Connect with Scott Roberts or email him at: [email protected] For more information:  [email protected] or visit our website at : www.denisglobal.com The types of businesses we can support: (not limited to) - Insurers - MGA’s - Brokers - Employee Benefits Providers - Flex Benefit Providers - Employers and Employees - Human Resources Departments We also offer: • To set-up the right support services for you • Incorporate branding and aesthetics that are tailored to your identity • Implement fully organic systems that grow with your business! Additional Administrative services & support available from us: (not limited to) - Policy management and fulfilment - Claims processing - Premium collection and customer invoicing - Electronic customer services - Immediate claims payments - Financial reconciliation - Automated communications #DenisGlobal #denisglobal #customisedsolutions #CustomisedSystems #PetInsurance #PetInsuranceClaimsManagement #PetInsuranceSystems #Memberfilemanagement #Supportsystems #processingsystems #electroniccustomerservices #claimsmanagement

𝐖𝐄'𝐕𝐄 𝐌𝐀𝐃𝐄 𝐏𝐄𝐓 𝐈𝐍𝐒𝐔𝐑𝐀𝐍𝐂𝐄 (𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧) 𝐀 𝐖𝐀𝐋𝐊 𝐈𝐍 𝐓𝐇𝐄 𝐏𝐀𝐑𝐊! If you are considering underwriting Pet Insurance, but you’re not sure of all the issues, loopholes, expectations, etc., then speak to us first. Through our many years of experience in Pet insurance, we’ve applied our knowledge and developed functional and effective systems and software that make delivering this service way easier and far more manageable than before. For example, one of the notable criteria when offering Pet Insurance, is that pets go through a cycle of risk during their lives – and this is of key importance for Insurers. The cycle changes at various stages of their lives, and so the insurance package should alter in relation to these changes. In a perfect (business) world, you need to know that your claims system will track these cycles, and in so doing, also cross-reference claims data to manage claims more effectively. 𝐈𝐬 𝐭𝐡𝐢𝐬 𝐞𝐯𝐞𝐧 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞? 𝐘𝐞𝐬, 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐲𝐨𝐮 𝐰𝐢𝐭𝐡 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐲 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 & 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 𝐭𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐟𝐮𝐥𝐥𝐲 𝐚𝐧𝐝 𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥𝐥𝐲 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐚𝐭𝐞 𝐭𝐡𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞. With our claims management systems in place, you can rest assured that your underwriting of pet cover will be accurate, and claims can be easily managed. (Just like the results you’d expect of obedience class!) 𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐮𝐬. For enquiries and advice, please feel free to connect with Scott Roberts or email him at: [email protected] For more information: [email protected] or visit our website at : www.denisglobal.com The types of businesses we can support: (not limited to) - Insurers - MGA’s - Brokers - Employee Benefits Providers - Flex Benefit Providers - Employers and Employees - Human Resources Departments We also offer: • To set-up the right support services for you • Incorporate branding and aesthetics that are tailored to your identity • Implement fully organic systems that grow with your business! Additional Administrative services & support available from us: (not limited to) - Policy management and fulfilment - Claims processing - Premium collection and customer invoicing - Electronic customer services - Immediate claims payments - Financial reconciliation - Automated communications For more information: www.denisglobal.com #DenisGlobal #PetInsurance #PETInsuranceSystems #CustomisedSystems #InsuranceSoftware #CustomisedSoftware #CustomisedInsuranceSystems

Pet insurance has flown under the radar for some time. It seems so innocuous: cover for your 😻 furry friend 🐩, and optional too! But in reality it's more expensive than home insurance, renewal retention is 90%+ because customers simply cannot move once they've claimed, and what's going on with vet fees is little short of scandal. Pet insurance is still a great product, and in many ways better than motor or home: it's not got any premium finance, and hasn't yet become saturated with overpriced 'add-on' products. So insurers tend to make an underwriting profit (excepting the market grabbing unicorns), and customer service is good. That said, it could definitely withstand a nudge in the right direction. It'll be interesting to see whether the regulator charges in on this one. Given how toothless they've been on personal lines more generally it's hard to imagine, but you just never know, it's always the quiet ones... #insurance #insurtech #insurancebrokers Insurance Post article here: https://lnkd.in/gYuv2tTN?

𝑵𝑶𝑾 𝒀𝑶𝑼 𝑪𝑨𝑵 𝑰𝑵𝑪𝑳𝑼𝑫𝑬 𝑷𝑬𝑻 𝑰𝑵𝑺𝑼𝑹𝑨𝑵𝑪𝑬  – 𝑩𝒆𝒄𝒂𝒖𝒔𝒆 𝒘𝒆’𝒗𝒆 𝒎𝒂𝒅𝒆 𝒊𝒕 𝒑𝒐𝒔𝒔𝒊𝒃𝒍𝒆. If you are considering underwriting Pet Insurance, but you’re not sure of all the issues, loopholes, expectations, etc., then speak to us first. Through our many years of experience in Pet insurance, we’ve applied our knowledge and developed functional and effective systems and software that make delivering this service way easier and far more manageable than before. For example, one of the notable criteria when offering Pet Insurance, is that pets go through a cycle of risk during their lives – and this is of key importance for Insurers. The cycle changes at various stages of their lives, and so the insurance package should alter in relation to these changes. In a perfect (business) world, you need to know that your claims system will track these cycles, and in so doing, also cross-reference claims data to manage claims more effectively. Is this even possible? - Yes, because we will provide you with all the necessary software & systems that will fully and functionally facilitate the service. With our claims management systems in place, you can rest assured that your underwriting of pet cover will be accurate, and claims can be easily managed. (Just like the results you’d expect of obedience class!) Speak to us. For enquiries and advice, please feel free to connect with Scott Roberts or email him at: [email protected] For more information email: [email protected] or visit our website at : www.denisglobal.com The types of businesses we can support: (not limited to) - Insurers - MGA’s - Brokers - Employee Benefits Providers - Flex Benefit Providers - Employers and Employees - Human Resources Departments We also offer: • To set-up the right support services for you • Incorporate branding and aesthetics that are tailored to your identity • Implement fully organic systems that grow with your business! Additional Administrative services & support available from us: (not limited to) - Policy management and fulfilment - Claims processing - Premium collection and customer invoicing - Electronic customer services - Immediate claims payments - Financial reconciliation - Automated communications For more information: www.denisglobal.com #Denis #DenisGlobal #DenisInsuranceSystems #PetInsurance #PetInsuranceSystems #InsuranceSoftware #CustomisedInsurance