Pet Insurance – HSMC Ohio http://hsmcohio.com/ Mon, 26 Apr 2021 05:12:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://hsmcohio.com/wp-content/uploads/2021/04/default-150x150.png Pet Insurance – HSMC Ohio http://hsmcohio.com/ 32 32 When money means a choice of life or death for our dogs https://hsmcohio.com/when-money-means-a-choice-of-life-or-death-for-our-dogs/ https://hsmcohio.com/when-money-means-a-choice-of-life-or-death-for-our-dogs/#respond Mon, 26 Apr 2021 04:16:36 +0000 https://hsmcohio.com/when-money-means-a-choice-of-life-or-death-for-our-dogs/ It is a devastating situation that too many families have had to deal with. Your dog is showing increasing signs of illness – lack of appetite, energy, or a change in temperament – so you take your furry family member into the car and head to the vet clinic. Your vet examines the animal and […]]]>


It is a devastating situation that too many families have had to deal with. Your dog is showing increasing signs of illness – lack of appetite, energy, or a change in temperament – so you take your furry family member into the car and head to the vet clinic.

Your vet examines the animal and says that a biopsy or medical imaging is needed.

Our pets are increasingly a central part of the family as companions for us and our children, the best personal trainers and a warm presence in the home. Image: Getty Images

Testing is coming back, and that’s bad news. Your pet needs medication, surgery, or some other procedure, which will cost thousands of dollars.

Because the tests and treatments are similar whether performed on an animal or a human, so are the charges. The difference is, without government animal health support like Medicare, you pay the cost.

When asked if you have pet insurance, you shake your head and the clinic has no payment plan options.

You also learn that 50 percent of the estimated costs are required in advance before a procedure can be undertaken. So the only other options are to see your pet’s quality of life deteriorate as the family says a long farewell or euthanizes.

Manuel Boller, associate professor (emergency and intensive care) at the University of Melbourne and veterinarian at U-Vet Werribee Animal Hospital, says it’s a choice he’s seen too many families have to make, while balancing out the pressures of mortgages, school fees and cost of living.

“Our pets are increasingly a central part of the family as companions for us and our children, the best personal trainers and a warm presence in the home,” he says.

“For many, losing a pet can be as difficult as losing a parent. And having to make the choice to euthanize a pet for financial reasons often comes with enormous guilt.

Because the tests and treatments are similar whether performed on an animal or a human, so are the charges. Image: provided

This problem is described as economic euthanasia, where an animal is humanely euthanized for financial reasons despite viable and available medical alternatives.

And Dr Boller says vets also suffer when faced with economic euthanasia, which for emergency vets happens several times a week.

“Much of the drugs and equipment we use cost the same as that used in human medicine; it’s often the same drugs and machines, ”he says.

“While vets also go through many years of training and gain experience in making sure pets are healthy and happy, vets are paid much less than clinicians, which means that wages are often the only area where there can be a price difference.

“So when an animal needs to be euthanized despite a curable problem, it can be hard not to feel like you have somehow failed as a vet.”

Although mental health support in the veterinary profession has become more widely available in the industry and at the center of the University of Melbourne’s Doctor of Veterinary Medicine education, the suicide rate among veterinarians in Victoria and d Western Australia is estimated at four. times higher than in the general adult population.

“In short, the problems of financial constraints in veterinary medical care and economic euthanasia weigh as much on animal owners as they do on veterinarians,” says Dr Boller.

Reducing the need for economic euthanasia has become a passionate project for Dr. Boller, pictured at left. Image: provided

As a researcher, teacher and practitioner in veterinary emergency and intensive care – a high pressure field that often encompasses difficult and expensive treatments at any time of the day – reducing the need for economical euthanasia has become a passionate project for Dr. Boller.

But he found that the first obstacle to raising awareness of the issue was a surprising lack of objective information about the extent of this problem in the scientific literature.

“It almost seemed like a taboo subject,” says Dr Boller.

So he and his colleagues set out to measure the scale of the problem of economic euthanasia in emergency veterinary practices. In research published in Frontiers of veterinary science, the team used gastric dilatation-volvulus (GDV), an acute, life-threatening condition in the dog, as a model disease.

GDV occurs when the stomach twists or turns, often swollen with gas. The condition is diagnosed easily and inexpensively, but if GDV is left untreated, rapid death is very likely.

Emergency surgery leads to 80-90% of dog survival, but its cost is estimated to be between A5,000 and A $ 6,000 in Australian emergency veterinary hospitals.

“We hypothesized that if the owner’s decision to euthanize dogs with GDV prior to surgery was primarily based on economics, then a financial strain alleviation factor would significantly mitigate the risk of euthanizing those dogs. animals, ”says Dr. Boller.

Research shows that most deaths from GDV disease occur as a result of euthanasia, before surgery. Image: Getty Images

“We have chosen pet insurance as our ‘model intervention’ to reduce the economic burden on pet owners when making the decision, as its presence or absence can be clearly measured.”

The team looked at 260 GDV cases for which insurance status was known, extracting details of other health issues, age, and outcome, finding 106 deaths (41 percent of dogs). Of the deaths, 82 dogs (77%) died from euthanasia before surgery – only 10% of those deaths occurred in insured animals.

In total, uninsured dogs with GDV were 7.4 times more likely to die from euthanasia than insured dogs, adjusted for age and other health factors.

“First, our results indicate that pre-surgical euthanasia of dogs with GDV is primarily economic in nature, and second, that most GDV deaths occur due to euthanasia before surgery,” explains Professor aggregate Boller.

“While further advances in veterinary care could increase survival rates for GDV, and this should of course be continued, the data shows that the effect will likely be limited to a few percentage points. A much greater opportunity to reduce preventable deaths lies in reducing pre-surgical euthanasia, and therefore reducing the rate of economic euthanasia.

“It was astounding to see the scale of the problem of economic euthanasia for GDV alone, but it really validates our anecdotal impression, acquired in the emergency room for many years.

Researchers hope that awareness of economic euthenasia will stimulate the search for effective solutions. Image: Getty Images

He says it’s important for people to know that unforeseen veterinary costs can be very high when considering the responsibility of owning a pet.

“Pet insurance is a way for people to feel they can pay for the treatment of unforeseen veterinary medical bills and avoid economic euthanasia. Some veterinary practices also offer payment plans, which can be discussed on an individual basis.

“Other tools to ease the burden may also include regular contributions to a dedicated savings account, low interest loans from veterinary credit companies, loans from family or friends, charities or the government. crowdsourcing.

“Economic euthanasia in particular and the financial burden of emergency veterinary care in general has been a major problem in veterinary medicine, and we hope our research will help raise awareness and stimulate the search for effective solutions.

If you or someone you know needs help or support, you can contact:

Beyond the blue – Telephone: 1300 22 4636 (24 hours a day, 7 days a week;
Lifeline Australia – Telephone: 13 11 14 (24 hours a day, 7 days a week);
Not one more vet – supports all members of veterinary teams and students

Two employees of a pet insurer contributed to the study design and data collection, but did not participate in the analysis or interpretation of the data. Associate Professor Boller does not declare any commercial or financial conflict of interest.

The research team was composed of Associate Professor Manu Boller, Associate Professor (Emergency and Intensive Care) Elise Boller, Professor (veterinary epidemiology) Mark Stevenson and University of Melbourne Doctor of Veterinary Medicine students Tereza Nemanic and Jarryd Anthonisz.

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Companion Dog Insurance Market Research Report by Type, by Application, by End User – Global Forecast to 2027 – Cumulative Impact of COVID-19 https://hsmcohio.com/companion-dog-insurance-market-research-report-by-type-by-application-by-end-user-global-forecast-to-2027-cumulative-impact-of-covid-19/ https://hsmcohio.com/companion-dog-insurance-market-research-report-by-type-by-application-by-end-user-global-forecast-to-2027-cumulative-impact-of-covid-19/#respond Mon, 26 Apr 2021 00:44:24 +0000 https://hsmcohio.com/companion-dog-insurance-market-research-report-by-type-by-application-by-end-user-global-forecast-to-2027-cumulative-impact-of-covid-19/ 2021-2027 Companion Dog Insurance Industry Overview: This resulted in several changes in This report also covers the impact of COVID-19[feminine sur le marché mondial. le Marché de l’assurance des chiens de compagnie résumé de l’analyse par Reports Insights est une étude approfondie des tendances actuelles menant à cette tendance verticale dans diverses régions. En outre, […]]]>


2021-2027 Companion Dog Insurance Industry Overview:

This resulted in several changes in This report also covers the impact of COVID-19[feminine sur le marché mondial.

le Marché de l’assurance des chiens de compagnie résumé de l’analyse par Reports Insights est une étude approfondie des tendances actuelles menant à cette tendance verticale dans diverses régions. En outre, cette étude met l’accent sur une analyse approfondie de la concurrence sur les perspectives du marché, en particulier sur les stratégies de croissance revendiquées par les experts du marché.

Concurrence sur le marché de l’assurance pour chiens de compagnie des principaux fabricants comme suit: Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica (Allianz), Hartville Group, Pethealth, Petfirst, Embrace, Royal & Sun Alliance (RSA), Direct Line Group, Agria, Petsecure, PetSure, Anicom Holding, ipet Insurance, Japon Club animalier

Obtenez un exemple de copie PDF du rapport @ https://www.reportsinsights.com/sample/356625

Le marché mondial de l’assurance pour chiens de compagnie a été segmenté en fonction de la technologie, du type de produit, de l’application, du canal de distribution, de l’utilisateur final et du secteur vertical, ainsi que de la géographie, offrant des informations précieuses.

La couverture de type sur le marché est:
Couverture à vie
Couverture non à vie
Accident uniquement

Segment de marché par applications, couvre:

petite race
grande race

Segment de marché par régions / pays, ce rapport couvre
Amérique du Nord
L’Europe 
Chine
Reste de l’Asie-Pacifique
Amérique centrale et du sud
Moyen-Orient et Afrique

Principaux facteurs abordés dans le rapport:

  • Résumé du marché mondial de l’assurance des chiens de compagnie
  • Impact économique sur l’industrie
  • Concurrence sur le marché en termes de fabricants
  • Production, revenus (valeur) par segmentation géographique
  • Production, revenus (valeur), tendance des prix par type
  • Analyse du marché par application
  • Enquête sur les coûts
  • Chaîne industrielle, stratégie d’approvisionnement en matières premières et acheteurs en aval
  • Compréhension de la stratégie marketing, distributeurs et commerçants
  • Étude sur les facteurs de recherche de marché
  • Global Assurance chien de compagnie Marché Prévoir

Pour obtenir ce rapport à un tarif avantageux: https://www.reportsinsights.com/discount/356625

Les objectifs d’analyse du rapport sont:

  • Connaître le Global Assurance chien de compagnie Marché taille en identifiant ses sous-segments.
  • Etudier les acteurs importants et analyser leurs plans de croissance.
  • Analyser le montant et la valeur du Global Pet Dog InsuranceMarket, en fonction des régions clés
  • Pour analyser le Global Assurance chien de compagnie Marché concernant les tendances de croissance, les perspectives et aussi leur participation dans l’ensemble du secteur.
  • Pour examiner le Global Assurance chien de compagnie Marché taille (volume et valeur) de l’entreprise, régions / pays essentiels, produits et application, informations générales.
  • Primaire dans le monde Global Assurance chien de compagnie Marché entreprises de fabrication, pour spécifier, clarifier et analyser le montant des ventes de produits, la valeur et la part de marché, le paysage de rivalité sur le marché, l’analyse SWOT et les plans de développement pour l’avenir.
  • Examiner les progrès concurrentiels tels que les expansions, les arrangements, les lancements de nouveaux produits et les acquisitions sur le marché.

Ovotre rapport propose:

– Évaluations des parts de marché pour les segments régionaux et nationaux.
– Analyse des parts de marché des principaux acteurs de l’industrie.
– Recommandations stratégiques pour les nouveaux entrants.
– Prévisions de marché pour un minimum de 9 ans de tous les segments, sous-segments et marchés régionaux mentionnés.
– Tendances du marché (moteurs, contraintes, opportunités, menaces, défis, opportunités d’investissement et recommandations).
– Recommandations stratégiques dans les segments clés de l’activité sur la base des estimations du marché.
– Aménagement paysager compétitif cartographiant les principales tendances communes.
– Profilage de l’entreprise avec des stratégies détaillées, des données financières et des développements récents.
– Tendances de la chaîne d’approvisionnement cartographiant les dernières avancées technologiques.

Accédez à la description complète du rapport, à la table des matières, au tableau de la figure, au graphique, etc. @ https://www.reportsinsights.com/industry-forecast/Pet-Dog-Insurance-Market-356625

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Canberra’s veterinary shortage: Medicare-like plan, mandatory pet insurance, and proposed solutions for more skilled migration The Canberra Times https://hsmcohio.com/canberras-veterinary-shortage-medicare-like-plan-mandatory-pet-insurance-and-proposed-solutions-for-more-skilled-migration-the-canberra-times/ https://hsmcohio.com/canberras-veterinary-shortage-medicare-like-plan-mandatory-pet-insurance-and-proposed-solutions-for-more-skilled-migration-the-canberra-times/#respond Sat, 24 Apr 2021 19:00:00 +0000 https://hsmcohio.com/canberras-veterinary-shortage-medicare-like-plan-mandatory-pet-insurance-and-proposed-solutions-for-more-skilled-migration-the-canberra-times/ news, breaking news, Canberra, ACT, Health, Animals, Veterinary science A Medicare-like plan, mandatory pet insurance and the ability to migrate more qualified people once border restrictions are eased are proposals that may help with the chronic shortage of veterinarians in ACT, said a practitioner. Dr Tanya Caltabiano, who is scheduled to open The Foreshore Vet […]]]>


news, breaking news, Canberra, ACT, Health, Animals, Veterinary science

A Medicare-like plan, mandatory pet insurance and the ability to migrate more qualified people once border restrictions are eased are proposals that may help with the chronic shortage of veterinarians in ACT, said a practitioner. Dr Tanya Caltabiano, who is scheduled to open The Foreshore Vet in Kingston on April 27, said the industry’s workforce issues caused by the increase in the number of pets during the pandemic that led some clinics to change operations were a complex situation. “A Medicare-like system would have the same effect as humans: protect you from huge bills through subsidized treatment,” she said. “But I can’t see that happening. Another scenario is mandatory pet insurance when an animal is purchased from a registered breeder.” Then, up to 80 percent of the bills would be covered by the insurance company and not by the owner of the animal. “It would help resolve compensation issues and keep passionate and knowledgeable professionals in the industry.” Dr Caltabiano said the government could potentially help raise awareness through a media campaign or by supporting the Australian Veterinary Association and non-profit groups to support vets who are striving for their mental well-being. “Or when international borders open again, we can consider putting pressure on the government to allow more skilled migration,” she said. “There are so many jobs in our industry that cannot be filled, so if we cannot do it domestically, why not look overseas?” Asked about the challenges of opening a new clinic during a tough time, Dr Caltabiano said she wanted to help ease the demand on other clinics. She said it will be a new kind of work environment that will include shorter opening hours and longer consultation times per patient to help staff balance work and private life. Research conducted by the Department of Employment in May 2019 found that employers continued to experience difficulties in filling advertised vet positions. “Shortages have been present for three consecutive years and are widespread in geographic areas and veterinary specializations,” he said. MORE NEWS Dr Magdoline Awad, chief veterinarian of Greencross Vets, which has three sites in ACT, said there was no one solution as there were multiple problems. “What would really help is a sectoral approach to collaboratively bring about positive change for the industry,” Dr Awad said. “We would like the public to be more aware of the important work of vets and their contribution to their communities – behind every animal is a team of vets dedicated to their protection. Dr Awad said COVID has forced challenges and changes to the veterinary profession across the world in such a short time. Hackett woman Anna Schneider, who owns a three-year-old mixed-breed dog, George, said she was lucky because he had a “pretty strong constitution” and said she had taken proactive steps for his health in order to help veterinarians. “He has at least one walk a day. We make sure he’s up to date with his vaccination,” Ms. Schneider said. “It was difficult last year to get vaccinated because the vets had a small number, so it was much more difficult than before.” She advised other pet owners to stay calm. “Pets these days are sort of replacing children for people, so they’re more of a family. As parents, they can be more susceptible to any problem. But you get older and you realize they’re pretty tough. Be a little calmer, ”she says. Our journalists work hard to provide local and up-to-date news to the community. Here’s how you can continue to access our trusted content:

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Is lemonade a reason to buy lemonade stocks? https://hsmcohio.com/is-lemonade-a-reason-to-buy-lemonade-stocks/ https://hsmcohio.com/is-lemonade-a-reason-to-buy-lemonade-stocks/#respond Sat, 24 Apr 2021 14:53:00 +0000 https://hsmcohio.com/is-lemonade-a-reason-to-buy-lemonade-stocks/ Lemonade (NYSE: LMND) is on to something. A young generation of consumers born and raised with electronic devices are looking for products and services to suit the digital age we live in, helping this insurance company to capture 1 million customers in record time (a little more than four years). Building on its first successes, […]]]>


Lemonade (NYSE: LMND) is on to something. A young generation of consumers born and raised with electronic devices are looking for products and services to suit the digital age we live in, helping this insurance company to capture 1 million customers in record time (a little more than four years). Building on its first successes, Lemonade has just announced that it will launch an auto insurance product by the end of 2021.

But is Lemonade Car a reason to buy lemonade stocks? It might be, but only if you buy with the right expectations.

An important but expected product launch

It was a given Lemonade was planning a big product launch. The company has made it clear its intentions to disrupt the insurance industry. He has made rapid progress with tenant and landlord policies, pet insurance, and the most recent addition of term life. But these are relatively small lines of insurance compared to the industry as a whole. Armed with more than half a billion dollars in cash at the end of 2020 and having raised an additional half a billion through a second equity offering in January, a more complex product like auto insurance or health was certainly on the way. .

Image source: Getty Images.

Enter Lemonade Car, which is now available for early registration for existing and new customers. Automatic coverage is a big step. Basic liability insurance is mandatory for drivers in the US and Europe (with a few exceptions, but it’s a good idea to have it anyway!). Lemonade said it was launching the new product in response to “overwhelming demand” from customers. At the very least, it looks like Lemonade has a significant opportunity to bundle Car with its existing lines.

But for me, the pace of new customer additions is the number one metric I watch for this fintech company. A million customers in just a few years is impressive, but the company will need several million more to justify its valuation (its enterprise value is currently around $ 4.7 billion). Lemonade Car could certainly help the company keep the pedal to the metal. Lemonade says the auto insurance industry is worth $ 300 billion a year in the United States alone, 70 times more than renters and pet insurance. Lemonade added that its existing customers here in the United States spend around $ 1 billion a year to cover their cars, indicating the type of benefits the company has here. Its customer base represents one-third of one percent of the total auto insurance market. If Lemonade Car is a success, there are plenty of new policyholders who could come into the fold.

Be prepared to show great patience

Investors seem to agree that Lemonade Car is a big deal. The stock rebounded more than 10% after the announcement of the new line of insurance – although the company’s share price remains half of what it was at its peak in January.

These wild fluctuations in stock prices illustrate an important point, however. Lemonade is a fast growing company, but the expectations of adding many new customers in the foreseeable future are already built into the inventory. The lemonade car ad alone isn’t a reason to pile up with a big lemonade stock purchase. This is an important step, of course, but be patient and slow down when buying lemonade for the first time (or adding to an existing item). There will be more bumps in the road, even with a massive new launch like auto insurance. Automotive (and possibly health insurance) are more complex products and will be a big test for Lemonade’s AI-driven business model and behavioral economics. Allow yourself the flexibility to buy more stocks later when the inevitable declines occur.

Nevertheless, Lemonade Car promises progress for this young upstart of the insurance. I hope the company can add many new customers as well. Stay tuned for updates to this statistic during quarterly earnings announcements.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Questioning an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.



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Pet Accident Insurance Market Expected to Set New Growth Story https://hsmcohio.com/pet-accident-insurance-market-expected-to-set-new-growth-story/ https://hsmcohio.com/pet-accident-insurance-market-expected-to-set-new-growth-story/#respond Sat, 24 Apr 2021 09:22:00 +0000 https://hsmcohio.com/pet-accident-insurance-market-expected-to-set-new-growth-story/ Latest Global Pet Accident Insurance Market research added by HTF MI offers in-depth product outlook and elaborates market analysis till 2026. The market research study is segmented by key regions which speed up marketing. At present, the market is strengthening its presence and some of the major players in the study are Petplan UK (Allianz), […]]]>


Latest Global Pet Accident Insurance Market research added by HTF MI offers in-depth product outlook and elaborates market analysis till 2026. The market research study is segmented by key regions which speed up marketing. At present, the market is strengthening its presence and some of the major players in the study are Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica (Allianz), Hartville Group, Pethealth, Petfirst, Embrace, Royal & Sun Alliance (RSA), Direct Line Group, Agria, Petsecure, PetSure, Anicom Holding, ipet Insurance & Japan Animal Club, etc. The study is a perfect blend of qualitative and quantitative market data collected and validated primarily by primary data and secondary sources.

Get Internal Study Request Study Sample Now @ https://www.htfmarketreport.com/sample-report/2557119-global-pet-accident-only-insurance-market

This report studies the global pet accident insurance market size, industry status and forecast, competition landscape, and growth opportunities. This research report categorizes the global pet accident insurance market solely by company, region, type, and end-use industry. Scroll through hundreds of data Tables, charts and graphs spread across the pages and detailed table of contents on “Pet Accident Insurance Market Only By Type (, Pet Liability Insurance And Medical Insurance for Pets), by End User / Application (Dog, Cat & Other) and Region – Forecast to 2026 ”. The first buyers will benefit from a 10% personalization on study.

To have in-depth insight into the size of the Global Pet Accident Insurance Market, the competition landscape is provided namely Revenue (US $ Million) by Company (2018-2020) Analysis , segment revenue market share (%) by players (2018-2020) and more a qualitative analysis is performed on the market concentration rate, product / service differences, new entrants and technology trends to come.

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Competitive analysis: The main players focus heavily on innovation in technologies to improve the level of efficiency. The growth prospects of the industry are captured by ensuring continuous improvements in the processes of the players and the optimal strategies adopted by the companies to fight against the latest economic situation. Company profile section of actors such as Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica (Allianz), Hartville Group, Pethealth, Petfirst, Embrace, Royal & Sun Alliance (RSA), Direct Line Group, Agria, Petsecure, PetSure, Anicom Holding, ipet Insurance & Japan Animal Club includes its relevant information such as name, subsidiaries, website, head office, market ranking, market position gain / decline, history or comments on growth and top 3 closest competitors by market capitalization / revenue with contact information. The sales figures, annual growth rate and gross and operating margin of each company are provided in an easy to understand tabular format for the last 5 years and in a separate section on recent developments such as mergers and acquisitions, patent approval and re-launch, etc.

Market Segments: The global pet accident insurance market only has been divided into Type, Application, and Region.

Based on type :, pet liability insurance and pet medical insurance. Based on the application: dog, cat and other

On the basis of region, only pet accident insurance is segmented by country, with production, consumption, revenue (USD Million), market share and growth rate in these regions, from 2015 to 2026 (forecast) , see highlights below

• North America (United States and Canada) {Market revenue (USD billion), growth analysis (%) and opportunity analysis} • South Central America and Latin America (Brazil, Argentina, Mexico and rest of Latin America) {Market revenue (billion USD), Growth share (%) and opportunity analysis} • Europe (UK, Germany, France, Italy, Spain, Poland, Sweden, Denmark and rest of Europe) {Market turnover (in billion USD), Growth share (%) and Opportunity analysis} • Asia-Pacific (China, India, Japan, ASEAN countries, South Korea, Australia, New -Zeeland, rest of Asia) {Market revenue (USD billion), growth share (%) and opportunity analysis} • Middle East and Africa (CCG, South Africa, Kenya, North Africa, RoMEA ) {Market revenue (in billion USD), growth share (%) and opportunity analysis} • Rest of the world

Buy Single User License for Global Pet Accident Insurance Market Size, Status and Forecast 2020-2026 @ https://www.htfmarketreport.com/buy-now?format= 1 & report = 2557119

What we can offer in strategic opportunities HTF MI analysts identify in broad terms why some companies gain or lose share in a given market segment. Every business has its own history and changes in market share are the most important indicator of the effectiveness of management and business strategies; it is important to identify those who succeed in the market and those who fail, as well as the cause of the market flow. Key financial ratios are also considered to get an analysis of the root causes of each business, such as return on assets, ROCE and return on equity, etc. Based on this understanding of the driving forces of the market, the team of analysts prepares its strategic recommendations. Ultimately, it is this market wisdom, beyond market data and forecast, that is the most valuable component of HTF MI’s market research and provides our customer base with the greatest competitive advantage with high quality standards.

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Tags: Pet Only Accident Insurance Market Growth, Pet Only Accident Insurance Market Forecast, Animal Only Accident Insurance Market, Market Share Animal Accident Insurance Only, Animal Accident Insurance Sales Market Market Only, Animal Accident Insurance Market SWOT Analysis Only, Animal Accident Insurance Market Size pet only, animal accident insurance market status only, animal accident insurance only

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Craig Francis (Director of Public Relations and Marketing)

HTF Market Intelligence Consulting Private Limited

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New Jersey United States – 08837

Telephone: +1 (206) 317 1218

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Watford records one of the biggest increases in animal ownership in the UK https://hsmcohio.com/watford-records-one-of-the-biggest-increases-in-animal-ownership-in-the-uk/ https://hsmcohio.com/watford-records-one-of-the-biggest-increases-in-animal-ownership-in-the-uk/#respond Fri, 23 Apr 2021 17:00:00 +0000 https://hsmcohio.com/watford-records-one-of-the-biggest-increases-in-animal-ownership-in-the-uk/ Watford has seen one of the biggest increases in pet ownership in the whole of the UK, new data shows. There has been a 137 percent increase in ownership in the city over the past year, which is the second largest increase in the country outside of London, only behind Edinburgh. The data, compiled by […]]]>


Watford has seen one of the biggest increases in pet ownership in the whole of the UK, new data shows.

There has been a 137 percent increase in ownership in the city over the past year, which is the second largest increase in the country outside of London, only behind Edinburgh.

The data, compiled by pet insurance provider Bought by Many, also shows there has been a 152% increase in the number of dog owners in Watford – the third biggest jump in the UK.

According to the same data, the most popular breed in Watford is the Labrador Retriever, which is the second most popular breed in the country behind the Cockapoo.

Bought By Many analyzed the increase in the number of policies in the UK to determine the main hot spots for pets.

Steven O’Callaghan, Senior Insurance Product Manager at Bought By Many, said: “From Edinburgh to Brighton, anyone who walks quickly through their local park will have spotted more dogs and puppies than ever before, as many owners have. in the UK have welcomed it. house a new pet this year.

“As lockdown restrictions ease, some owners will fear spending less time with their pets and it is important that pet parents continue to maintain the same level of care and attention as the life returns to normal. It’s fantastic to see that pet insurance has increased in line with the increase in the number of pet owners, as owners clearly want to protect their pet’s long-term health, after the locking and beyond. ”

Mr O’Callaghan added: “The average claim for a single treatment if your pet is sick can cost owners £ 448.56 and that can quickly increase if they need more vet attention, so having insurance there will give homeowners the peace of mind that they are protected from any unwanted surprises. ”



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Pet Insurance Outperforms Travel, Other Domestic Maritime Coverages Cuts By COVID: AM Best https://hsmcohio.com/pet-insurance-outperforms-travel-other-domestic-maritime-coverages-cuts-by-covid-am-best/ https://hsmcohio.com/pet-insurance-outperforms-travel-other-domestic-maritime-coverages-cuts-by-covid-am-best/#respond Fri, 23 Apr 2021 13:16:07 +0000 https://hsmcohio.com/pet-insurance-outperforms-travel-other-domestic-maritime-coverages-cuts-by-covid-am-best/ The US domestic marine insurance segment saw a “significant decline in profitability” in 2020, its loss ratio deteriorating by almost 16 percentage points amid the COVID-19 pandemic, according to a report by AM Best. Best’s market segment report, “Significant Impact on Profitability of Domestic Marine Insurers from COVID-19,” notes that any outcome in the domestic […]]]>


The US domestic marine insurance segment saw a “significant decline in profitability” in 2020, its loss ratio deteriorating by almost 16 percentage points amid the COVID-19 pandemic, according to a report by AM Best.

Best’s market segment report, “Significant Impact on Profitability of Domestic Marine Insurers from COVID-19,” notes that any outcome in the domestic shipping line, which has consistently outperformed the rest of the US P&C insurance industry , has fallen behind the industry as a whole. in 2020.

The segment also experienced its first decline in direct written premiums for over a decade in 2020. Premiums decreased 2.6% compared to 2019. Nonetheless, the amount of premiums was higher than observed in 2018 and is expected to increase. resume when economic activity returns. at a normal level.

The report says the COVID-19 pandemic has affected the segment in two main ways – through contingency losses on events and productions scheduled before the pandemic, as well as a drop in new events and travel plans.

Domestic marine insurance is made up of a very diverse group of coverages, including freight, communications equipment (e.g. cell phones), event cancellation, fine art, personal watercraft and l health insurance for pets, among others.

Among the coverages, pet health insurance was a positive point in 2020. It helped mitigate part of the decline in segment premiums. AM Best expects the pet health insurance market to continue to grow and maintain a relatively stable loss ratio.

Travel insurance (ie Trip Cancellation) is also an important segment of the domestic shipping line. The number of passengers fell in March and April 2020. Despite some recovery, air travel during the second half of 2020 and through 2021 still represents just over 40% of those in the same period in 2019. This decline led to loss payments on insurance policies against canceled trips scheduled before the pandemic, as well as the decrease in the number of new trips, which reduced direct written premiums for travel insurance.

Overall, the decline in contingency coverage (i.e. travel, film production) and the overall impact of the economic downturn on freight outpaced increases in pet insurance and spending. of construction. However, given the volatility of emergency demand due to the pandemic and the growth in consumer purchases of pet health insurance, AM Best said he expects a further spread of the inland maritime premium on the market.

Source: AM Best

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COVID-19 AM Best

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The UK pet insurance market is booming https://hsmcohio.com/the-uk-pet-insurance-market-is-booming/ https://hsmcohio.com/the-uk-pet-insurance-market-is-booming/#respond Fri, 23 Apr 2021 11:25:00 +0000 https://hsmcohio.com/the-uk-pet-insurance-market-is-booming/ UK Pet Insurance Market A new research paper is added to the 43-page HTF MI database titled “ United Kingdom (UK) Pet Insurance – Market Dynamics and Opportunities ” with detailed analysis, competitive landscape, forecast and strategies . The study covers the geographic analysis which includes regions like North America, Europe or Asia and important […]]]>


UK Pet Insurance Market

A new research paper is added to the 43-page HTF MI database titled “ United Kingdom (UK) Pet Insurance – Market Dynamics and Opportunities ” with detailed analysis, competitive landscape, forecast and strategies . The study covers the geographic analysis which includes regions like North America, Europe or Asia and important players / suppliers like Petplan, Animal Friends, Tesco Bank, More Than, Sainsbury’s Bank, Red Sands , Allianz, RSA, Aviva, UK Insurance, Bought By Many, Waggel, Vitality, PitPat, etc. Get Free Sample Report + All Related Charts & Charts @: https://www.htfmarketreport.com/sample-report/2815983-united-kingdom-4

summary
United Kingdom (UK) Pet Insurance – Market Dynamics and Opportunities

This report analyzes the UK pet insurance market, examining the market size as well as changes in premiums, claims, medical expenses and pet ownership. It discusses the competitors in the market, explores how the market is likely to change due to rising costs and emerging technologies, identifies opportunities in the field of pet insurance and provides future forecast of. market size until 2026.

The number of policyholders and gross written premiums (GWP) decreased in 2019, while the number and cost of claims increased. With the rising cost of claims and declining GWP, pet insurers are facing stains on their profits.

Scope
– Representing 74% of the market, dog insurance led to a drop in the GWP for 2019 with a 7.2% drop in policyholders. This happened despite a £ 12 reduction in average premiums.
– The average cost of dog and cat claims was £ 830 and £ 643 respectively in 2019.
– Underwritten by Allianz, Petplan remains the market leader with 24.9% of total GWP. Petplan maintained its position with high ad spending.
– In the future, the growth of the market will be slow, the number of claims and premiums increasing. The market is expected to reach a GWP of £ 1,310m in 2024, up from £ 1,171m in 2019 at a compound annual growth rate (CAGR) of 2.3%.

Reasons to buy
– Keep up to date with new trends and innovations in the pet insurance market.
– Compare yourself to your competition.
– Find out about growth in all aspects of the market, what drives it and whether it is likely to continue.

Companies mentioned in the report
Petplan
Animal friends
Tesco Bank
More … than
Sainsbury Bank
Red sands
Allianz
RSA
Aviva
Insurance in UK
Bought by many
Waggel
Vitality
PitPat

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Contents
1. SUMMARY
1.1. Pet insurance market contracted for the first time
1.2. Main conclusions
1.3. Critical success factors
2. DYNAMICS OF THE PET INSURANCE MARKET
2.1. 2019 Pet Insurance Market Summary by Product
2.2. UK pet insurance market contracted in 2019
2.2.1. The decline in the number of insureds and premiums led to a contraction of the PRG in 2019
2.2.2. The number of pet insured continued to decline in 2019
2.2.3. GWP dominated by dog ​​insurance
2.2.4. Average premiums vary by type of pet
2.3. The gross cost of claims continued its upward trend despite a decrease in frequency
2.3.1. The number of complaints notified has increased
2.3.2. Gross claims in the pet insurance market have increased
2.3.3. Technology remains a double-edged sword for industry
2.3.4. Vet salaries had little impact on the cost of claims, but that will change
2.3.5. The average claim varies widely depending on the type of pet
….Continued

Display the detailed table of contents @ https://www.htfmarketreport.com/reports/2815983-united-kingdom-4

It is essential that you keep your knowledge of the market up to date. If you have a different set of players / manufacturers based on geography or need reports segmented by region or country, we can provide customization accordingly.

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Contact us :
Craig Francis (Director of Public Relations and Marketing)
HTF Market Intelligence Consulting Private Limited
Unit # 429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
sales@htfmarketreport.com
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About the Author:
HTF Market Report is a wholly owned trademark of HTF market Intelligence Consulting Private Limited. HTF Market Report The global market intelligence and research consultancy organization is uniquely positioned to not only identify growth opportunities, but also empower and inspire you to create visionary growth strategies for the industry. future, through our extraordinary depth and breadth of thought leadership, research, tools and events. and experience that helps you achieve your goals. Our understanding of the interplay between industry convergence, mega trends, technologies and market trends provides our clients with new business models and opportunities for expansion. We are focused on identifying ‘accurate forecasts’ in each industry we cover so that our clients can reap the benefits of being first-to-market and can achieve their ‘goals and objectives’.

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Canine Arthritis Treatment Market 2021 Size, Industry Share, Growth, Trends, Scope, Industry Opportunity Analysis and Forecast, 2021-2029 | IMF report with expert review https://hsmcohio.com/canine-arthritis-treatment-market-2021-size-industry-share-growth-trends-scope-industry-opportunity-analysis-and-forecast-2021-2029-imf-report-with-expert-review/ https://hsmcohio.com/canine-arthritis-treatment-market-2021-size-industry-share-growth-trends-scope-industry-opportunity-analysis-and-forecast-2021-2029-imf-report-with-expert-review/#respond Fri, 23 Apr 2021 10:47:26 +0000 https://hsmcohio.com/canine-arthritis-treatment-market-2021-size-industry-share-growth-trends-scope-industry-opportunity-analysis-and-forecast-2021-2029-imf-report-with-expert-review/ According to a healthcare expert at Future Market Insights, “Factors such as the increasing prevalence of chronic disease in dogs, increasing adoption of companion animals, increasing consumer spending on veterinary care and rapid approvals of the FDA for drugs used for canine arthritis treatments are expected to boost the dog global. arthritis treatment market during […]]]>


According to a healthcare expert at Future Market Insights, “Factors such as the increasing prevalence of chronic disease in dogs, increasing adoption of companion animals, increasing consumer spending on veterinary care and rapid approvals of the FDA for drugs used for canine arthritis treatments are expected to boost the dog global. arthritis treatment market during the forecast period. Additionally, dog owners opting for canine stem cell therapy over medicated drugs are the most lucrative segment in terms of investment opportunities. However, safety concerns affecting the clinical efficacy of canine pluripotent cells and high therapy costs limit the uptake of canine stem cell therapy. Autologous stem cells from MediVet approved by the FDA and Aratana’s Galliprant for controlling pain and inflammation associated with arthritis are expected to help the growth of the canine arthritis treatment market.

However, illicit drugs that are falsely registered could restrict the dog treatment market. These drugs are not manufactured according to regulations, inversely affecting the health of the dog associated with the sale of approved drugs. Research shows that counterfeit drugs are more prevalent in underdeveloped and developing countries. Growing penetration of international trade and e-commerce is fueling sales of substandard drugs.

Access research methodology prepared by experts >>> https://www.futuremarketinsights.com/ask-question/rep-gb-3552

Canine insurance and direct drug sales to open up treatment opportunities for canine arthritis

Pet insurance is an upcoming trend, especially in mature economies. With just 1% of dogs insured in the United States, the trend is catching up in the region, opening up opportunities for veterinary insurance providers. However, this number can reach 50% for companion dogs in some European countries. In addition, the introduction of third-party payments is expected to boost the sales of canine arthritis drugs, mainly for NSAIDs and stem cell therapy segments globally, and lead to the creation of new channels of sale for drugs to treat canine arthritis.

In addition, canine health product manufacturers rely on direct sales to end users in an effort to reach a broader consumer base. In addition, by adopting this sales channel, companies are also offering additional training and support in terms of disease management and adherence to treatment protocols.

Key players such as Boehringer Ingelheim, Elanco (Eli Lilly and Company), Zoetis Inc., Bayer AG, Aratana Therapeutics Inc., Vetoquinol SA, Norbrook Laboratories Limited, VetStem Biopharma and Dechra Pharmaceuticals Plc are developing cost-effective drugs for the treatment of canine arthritis. and increasing sales through acquisitions to increase their respective market share. Manufacturers are also focusing on developing new stem cell therapies for the treatment of arthritis. In addition, companies are focusing on partnerships with wholesalers, distributors and other distribution partners to take ownership of the value chain.

Canine Arthritis Treatment Market Segmentation Overview Analysis By Treatment Type – Nonsteroidal Anti-Inflammatory Drugs, Opioids, Stem Cell Therapy; route of administration – Oral, injectable: https: //www.futuremarketinsights.com/reports/canine-arthritis-market

Contents

1. Summary

1.1. Market outlook

1.2. Analysis and recommendations

2. Market overview

2.1. Market coverage / taxonomy

2.2. Definition / scope / limits of the market

Ask for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-3552

3. Market context

4. Market context

5. Global Canine Arthritis Treatment Market Analysis (Value or Size in Million US $) 2014-2018 and Forecast, 2019-2029

6. Global Canine Arthritis Treatment Market Analysis 2014-2018 and Forecast 2019-2029, by Treatment Type

Etc …

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Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in more than 150 countries. IMF is headquartered in Dubai, the world’s financial capital, and has delivery centers in the United States and India. FMI’s latest market research reports and industry analysis help businesses face challenges and make critical decisions with confidence and clarity in a time of fierce competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continually monitor emerging trends and events across a wide range of industries to ensure our clients are preparing for the changing needs of their consumers.

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Here’s how to get insurance for your pet in the event of unexpected illness or injury https://hsmcohio.com/heres-how-to-get-insurance-for-your-pet-in-the-event-of-unexpected-illness-or-injury/ https://hsmcohio.com/heres-how-to-get-insurance-for-your-pet-in-the-event-of-unexpected-illness-or-injury/#respond Fri, 23 Apr 2021 10:27:11 +0000 https://hsmcohio.com/heres-how-to-get-insurance-for-your-pet-in-the-event-of-unexpected-illness-or-injury/ Oyen is Malaysia’s premier digital pet insurance platform and enables pet owners to digitally purchase and manage medical insurance for their cats and dogs without physical paperwork. You can submit your claims online and receive up to RM8,000 for surgery, medication and diagnostic costs. Eligibility:– For licensed cats and dogs aged 12 weeks to 10 […]]]>


Oyen is Malaysia’s premier digital pet insurance platform and enables pet owners to digitally purchase and manage medical insurance for their cats and dogs without physical paperwork. You can submit your claims online and receive up to RM8,000 for surgery, medication and diagnostic costs.

Eligibility:
– For licensed cats and dogs aged 12 weeks to 10 years
– Must be microchipped (dogs only)
– Must provide medical card certification from a licensed veterinarian (cats only)
– No injury or physical injury on the start date of your insurance
– Not a breed prohibited or restricted by the government or public or local authority

Benefits:
– Coverage of up to RM 8,000 in veterinary medical expenses in the event of accidental illness or injury
– Covers overnight stays, diagnosis and follow-up treatments
– Covers burial or cremation costs up to RM 1000
– Liability coverage up to RM 50,000
– Refundable visits to registered veterinary clinics in Malaysia
– Provides compensation for accidental damage or injury to others

Exclusions (not exhaustive):
– Pre-existing conditions
– Illness or accident during the 14 day waiting period
– Routine and preventive treatments
– Congenital conditions
– Behavioral diseases
– Pregnancy
– Working pets

Cost:
RM25 – RM42 per month (for cats)
RM42 – RM67 per month (for dogs)
Depends on the type of insurance plan.

Visit their website for more information.



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