6/8/2018 12:04:55 PM | less than a minute read

Pet Claims are through the WOOF

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Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

Get in touch

Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

Pet insurers paid out £775 million in claims in 2017 – the highest figure on record representing a 10% year-on-year increase – to help Brits with the unexpected costs associated with pet ownership.

An ideal case for a digital claims platform & comms hub that lets pet owners self-service FNOL via the insurer's website, process the claim from phone and tablet, orchestrate diagnosis, prognosis and actions and settle vet's bills directly.

An Amazon user experience and care & attention of an insurer combined.

Veterinary bills can often rise into the thousands of pounds for treatment, with the average cost of surgery amounting to approximately £1,500. Some of the most expensive claims last year include: A dog suffering from seizures required £30,000 of treatment A Golden Retriever with a fracture required £10,000 of treatment. A cat with inflammatory bowel disease required £9,600 of treatment.

www.abi.org.uk/...