All in the Family: Tapping into the Pet Insurance Market Opportunity
Ramanujam Venkatesan, Property & Casualty Insurance Consulting Leader, Cognizant, said insurers starting on a new venture creates an opportunity to start fresh.
Ramanujam Venkatesan, Property & Casualty Insurance Consulting Leader, Cognizant, said many people, including millennials, have come to view their pets as members of their extended families.
Chris Blatchly, Chief Digital Officer & Consulting Leader for Insurance, Cognizant, said pet insurers put much of their development efforts into the public-facing side, giving less attention to the important, but out of sight, systems.
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.
Alexandre Douzet, CEO, Pumpkin, said pet insurance depends on two channels: direct sales to consumers and via veterinarians.
