Healthy Paws Partners with PetSmart to Bring Insurance where Pet Parents Shop
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.
Healthy Paws, una società di Chubb (NYSE:CB), ha annunciato una partnership strategica con PetSmart, il principale rivenditore omni-canale di prodotti per animali del Nord America, per ampliare l'accesso ai prodotti di assicurazione per animali. La collaborazione consente ai clienti PetSmart di esplorare e acquistare coperture assicurative per animali tramite il sito web di PetSmart.
La partnership propone una copertura completa per incidenti e malattie con vantaggi chiave, tra cui l'assenza di limiti massimi annuali o a vita, rimborsi rapidi per le spese coperte e una procedura di denuncia dei sinistri semplice e mobile-friendly. Questa iniziativa è allineata alla missione di entrambe le aziende di migliorare il benessere degli animali e di sostenere i proprietari con soluzioni di cura accessibili.
Healthy Paws, una compañía de Chubb (NYSE:CB), ha anunciado una alianza estratégica con PetSmart, el principal minorista omnicanal de productos para mascotas en Norteamérica, para ampliar el acceso a productos de seguro para mascotas. La colaboración permite a los clientes de PetSmart explorar y contratar coberturas de seguro para mascotas a través del sitio web de PetSmart.
La asociación ofrece una cobertura integral por accidentes y enfermedades con beneficios clave, como la ausencia de límites máximos anuales o de por vida, reembolsos rápidos de los gastos cubiertos y un proceso de reclamaciones sencillo y optimizado para móvil. Esta iniciativa está alineada con la misión de ambas empresas de mejorar el bienestar de las mascotas y apoyar a los dueños con soluciones de cuidado accesibles.
Healthy Paws는 Chubb(NYSE:CB) 계열사로서, 북미의 선도적인 옴니채널 반려동물 소매업체인 PetSmart와 반려동물 보험 상품 접근성을 확대하기 위한 전략적 파트너십을 발표했습니다. 이번 협업을 통해 PetSmart 고객은 PetSmart 웹사이트에서 반려동물 보험을 검색하고 가입할 수 있게 됩니다.
이 파트너십은 포괄적인 사고 및 질병 보장을 제공하며, 주요 혜택으로 연간 또는 평생 지급 한도의 부재, 보장된 비용에 대한 신속한 환급, 모바일을 통한 간편한 청구 절차 등을 포함합니다. 이 이니셔티브는 반려동물의 복지를 증진하고 보호자들이 이용하기 쉬운 케어 솔루션을 제공한다는 양사의 미션과 부합합니다.
Healthy Paws, une société de Chubb (NYSE:CB), a annoncé un partenariat stratégique avec PetSmart, le principal détaillant omnicanal d'articles pour animaux en Amérique du Nord, afin d'élargir l'accès aux produits d'assurance pour animaux. Cette collaboration permet aux clients de PetSmart de consulter et de souscrire des assurances pour animaux via le site web de PetSmart.
Le partenariat propose une couverture complète en cas d'accident et de maladie avec des avantages clés tels que l'absence de plafonds annuels ou à vie, des remboursements rapides des frais couverts et un processus de déclaration de sinistres fluide sur mobile. Cette initiative s'aligne sur la mission des deux entreprises d'améliorer le bien-être des animaux et d'offrir aux propriétaires des solutions de soins accessibles.
Healthy Paws, ein Unternehmen von Chubb (NYSE:CB), hat eine strategische Partnerschaft mit PetSmart, Nordamerikas führendem Omnichannel-Fachhändler für Tierbedarf, angekündigt, um den Zugang zu Tierkrankenversicherungsprodukten zu erweitern. Die Zusammenarbeit ermöglicht es PetSmart-Kunden, Tierkrankenversicherungen über die Website von PetSmart zu erkunden und abzuschließen.
Die Partnerschaft bietet eine umfassende Absicherung gegen Unfälle und Krankheiten mit wichtigen Vorteilen wie dem Verzicht auf jährliche oder lebenslange Auszahlungslimits, schnellen Erstattungen für gedeckte Kosten und einem nahtlosen mobilen Schadenmeldeprozess. Diese Initiative steht im Einklang mit der Mission beider Unternehmen, das Wohlbefinden von Tieren zu fördern und Tierbesitzer mit zugänglichen Pflege-Lösungen zu unterstützen.
- 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
- None.
Insights
Chubb expands pet insurance distribution through PetSmart partnership, strengthening position in growing pet insurance market.
This strategic partnership between Chubb's Healthy Paws and PetSmart represents a significant distribution channel expansion for Chubb's pet insurance business. By integrating with North America's leading pet retailer, Chubb gains access to PetSmart's massive customer base at the point where pet parents are already making purchasing decisions.
The pet insurance market presents substantial growth potential for Chubb. Industry data shows pet insurance penetration in the US remains under
This partnership creates multiple revenue acceleration opportunities. PetSmart's omni-channel presence provides both digital and physical touchpoints for insurance sales, while integration with PetSmart's website enables seamless quote generation and enrollment. Importantly, the partnership aligns with Chubb's broader strategy of expanding specialty personal lines through strategic distribution partnerships rather than building direct-to-consumer channels from scratch.
For Chubb investors, this partnership demonstrates management's commitment to developing growth vectors beyond traditional property and casualty insurance. The pet insurance segment offers attractive characteristics: limited catastrophe exposure, growing consumer adoption, and premium pricing potential as veterinary care advances.
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.
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SOURCE Chubb
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