Allianz owned Petplan has announced a new partnership with Pets at Home.The move adds retail to Petplan’s extensive distribution network and enables Pets at Home to strengthen its insurance proposition for customers.
The partnership sees the UK’s largest pet insurance provider team up with the UK’s No.1 specialist pet retailer and from 10th November Pets at Home will be recommending Petplan insurance to its customers. Benefits include a unique 5% online discount and free Pets at Home gift vouchers for dogs, cats and rabbits.
In addition, around 40,000 existing Pets at Home insurance customers will be invited to renew their policy onto a new Pets at Home product underwritten by Allianz. It’s estimated that in 2017 the partnership will deliver an additional £21million in GWP across both migrated and new customers.
Simon McGinn, General Manager Commercial and Personal at Allianz commented: “Petplan has been leading the pet insurance market for the last 40 years and this exciting move into the retail sector demonstrates our continuing ambition to grow both the number of insured pets in the UK and Petplan’s market share.”
Jonny Armstrong, head of Pet Insurance at Pets at Home, said: “As pet lovers ourselves we share Petplan’s belief that pet insurance is an integral part of responsible pet ownership. It allows owners to seek veterinary advice at the earliest opportunity and undertake the necessary treatment to ensure the long term health of their pet, something we know pet owners prioritise. We are delighted to be working with the UK’s No. 1 pet insurance provider.”
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.
Around 85 million private and corporate customers rely on Allianz's knowledge, global reach, capital strength and solidity to help them make the most of financial opportunities and to avoid and safeguard themselves against risks.
In 2015, over 142,000 employees in more than 70 countries achieved total revenues of approximately 125.2bn euros.