Data utilization in pet insurance coverage has “lagged behind” home and motor, in keeping with Crif UK, and if the sector is not in a position to get a grasp of it quickly, the writing might be on the wall.
Pet insurers are already dealing with mounting claims volumes and rising payouts, which hit file highs in 2022. In reality, at 1.3 million claims notified, the volumes of claims in 2022 had been the very best on