Petco announced a multi-year partnership with Nationwide to co-develop integrated and affordable pet health insurance. Petco's fully integrated ecosystem of pet health and wellness solutions and Nationwide's claims data set, pet protection and insurance capabilities will be at the center of the program. Pet insurance plays a significant role in helping families say "yes" to care they may not otherwise be able to afford.
"Receiving the medical support pets need throughout their lives is critical for both pets and their families," said Petco SVP Omnichannel Customer Experience, Jenny Wolski. "The customized, data-driven pet insurance solutions we're developing in partnership with Nationwide will be designed to expand families' access to Petco's full range of pet care services, giving them longer and healthier lives together."
"Forty years ago, Nationwide issued the first pet health insurance policy in the U.S. for TV's Lassie. For every year since, more customers have trusted us to protect their pets than any other insurer. Sustaining our market leadership has been driven by continuous, customer-focused innovation — including as the first to offer voluntary benefits plans, avian and exotic coverage, telehealth, and preferred pricing on prescription drugs," said Nationwide pet insurance President and Chief Pet Officer Heidi Sirota. "Our partnership with Petco is another game-changing move that will reshape the pet care industry by expanding access to care, delivering actionable health insights, and improving outcomes for millions of pets and their families."
These new offerings are expected to focus on end-to-end pet care fulfilled through Petco's pharmacy, veterinary hospitals or clinics, and other health and wellness offerings. Coverage will include routine preventative care like vaccinations and unexpected medical needs related to accidents or serious illnesses. Petco insurance offerings available to customers and to Petco employees are expected to be delivered exclusively through Nationwide pet insurance in the future.
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