All in the Family: Tapping into the Pet Insurance Market Opportunity
Alexandre Douzet, CEO, Pumpkin, said pet insurance becomes a more important consideration when owners face the prospect of large medical large bills for their pet.
Ramanujam Venkatesan, Property & Casualty Insurance Consulting Leader, Cognizant, said insurers that have flexible, adaptive systems can customize and personalize their interactions with prospects and new customers.
Chris Blatchly, Chief Digital Officer & Consulting Leader for Insurance, Cognizant, said pet insurers will be judged by how well they handle claims reimbursements, and how comfortably they bring insureds on board.
Alexandre Douzet, CEO, Pumpkin, said pet insurance depends on two channels: direct sales to consumers and via veterinarians.
Ramanujam Venkatesan, Property & Casualty Insurance Consulting Leader, Cognizant, said insurers starting on a new venture creates an opportunity to start fresh.