Healthy Paws Partners with PetSmart to Bring Insurance where Pet Parents Shop
Rhea-AI Summary
Healthy Paws, a Chubb (NYSE:CB) company, has announced a strategic partnership with PetSmart, North America's leading omni-channel pet retailer, to expand access to pet insurance products. The collaboration enables PetSmart customers to explore and purchase pet insurance coverage through PetSmart's website.
The partnership features comprehensive accident and illness coverage with key benefits including no maximum annual or lifetime payouts, rapid reimbursement for covered expenses, and a seamless mobile claims process. This initiative aligns with both companies' mission to enhance pet well-being and support pet parents with accessible care solutions.
Positive
- Strategic partnership with North America's leading pet retailer expands market reach
- Integration with PetSmart's platform provides new customer acquisition channel
- No maximum annual or lifetime payout limits on insurance plans
- Streamlined mobile claims process and rapid reimbursement system
Negative
- None.
News Market Reaction
On the day this news was published, CB declined 0.45%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Partnership to help meet growing demand for pet protection
"We're excited to team up with PetSmart to expand access to pet insurance at a destination many pet parents already frequent for trusted products, services and advice," said Alex Faynberg, Executive Vice President and Head of Healthy Paws. "This partnership empowers animal lovers to protect their pets like family and safeguard against life's unforeseen health challenges."
Rob Pace, Senior Vice President of Veterinary Health Services at PetSmart added, "Pet parents trust PetSmart to deliver comprehensive care solutions for their beloved companions at every life stage, including support during unexpected events. We are thrilled to partner with Healthy Paws, a leader in pet insurance, to provide pet parents with access to Healthy Paws' accident and illness coverage that offers pet parents unmatched peace of mind."
Customers can also easily obtain a free quote for Healthy Paws insurance plans through PetSmart's website and enroll in a plan that meets their pets' needs. Pet plans feature a seamless mobile claims process, no maximum annual or lifetime payouts, rapid reimbursement for covered expenses and empathetic customer service, all tailored to facilitate pet care without financial barriers.
This alliance reflects Healthy Paws and PetSmart's shared goal to improve the well-being of pets and support the people who love them. For more information on Healthy Paws pet insurance, visit petsmart.com/pet-insurance.
About Healthy Paws
Healthy Paws, a Chubb company, is a leading provider of pet health insurance in
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/healthy-paws-partners-with-petsmart-to-bring-insurance-where-pet-parents-shop-302526899.html
SOURCE Chubb
FAQ
What does the Healthy Paws and PetSmart partnership mean for pet owners?
What benefits does Healthy Paws pet insurance offer through PetSmart?
How can PetSmart customers get a Healthy Paws insurance quote?
Who are the key executives involved in the Chubb (CB) and PetSmart partnership?
What types of pets are covered under the Healthy Paws insurance at PetSmart?
