PetMed Express, an online pet pharmacy, has partnered with pet insurer Pumpkin Insurance to offer a high quality health and wellness insurance solution.
Founded in 1996, PedMed Express delivers prescription and non-prescription pet medications and other health products for dogs, cats, and horses at competitive prices direct to the consumer through its 1-800-PetMeds toll free number.
By providing care and service that are affordable to the “broadest group” of pet parents, PedMeds is on a mission to be the most trusted pet health expert.
Pumpkin Insurance aims to make pet insurance affordable to all. Despite the fact that 61% of Americans don’t have enough savings to cover a $1k pet emergency, less than 2% of dogs and cats in the US have insurance. Pumpkin Insurance wants to help families prioritise the care their pets need and protect them against unexpected accidents and illnesses.
The partnership will see PEtMed offer access to a health and wellness insurance solution to more than two million of its customers.
Matt Hulett, CEO and president of PetMed Express, said, “Today, there is a huge disconnect between the high penetration of pet ownership and the relatively low participation rate in insurance. By giving our customers direct access to pet insurance, we will be able to greatly assist millions of pet parents in getting quality insurance that helps them care for their pets.”
Alexandre Douzet, CEO of Pumpkin Pet Insurance, added, “Pumpkin’s goal has always been to positively impact the lives of millions of pets, pet parents, and veterinarians. Getting the PetMeds’ audience covered with a top-tier accident & illness insurance and optional, non-insurance wellness plan provided by Pumpkin, will drive more pets into veterinary clinics for regular preventive exams, diagnostic screenings, and best medicine.”
Earlier this year, FirstVet, a provider of on-demand video consultations for pet parents, partnered with Fletch to embed a pet insurance marketplace for its US users.
Copyright © 2023 FinTech Global