Pet Insurance Growth and Safety: Trends, Partnerships, and Travel Risks
APAC pet insurance market to grow 14.6% through 2033
August 14, 2025
The Asia-Pacific pet insurance market is projected to grow from $4.31 billion in 2024 to $20.35 billion by 2033, a CAGR of 14.6%. Growth is driven by rising veterinary costs, increased pet wellness awareness, and adoption of digital platforms, with subscription-based and telehealth plans becoming popular in urban areas. Japan has seen a 30% rise in pet adoption since 2020, while rural regions in countries like India still face low coverage due to affordability and traditional practices. Emerging markets such as India, Indonesia, and Vietnam show strong potential for future expansion.
Healthy Paws Partners with PetSmart to Bring Insurance where Pet Parents Shop
August 12, 2025
Healthy Paws, a Chubb company, has partnered with PetSmart to make pet insurance more accessible to customers across North America. The collaboration allows pet owners to explore and enroll in accident and illness coverage while shopping, with features like no payout limits, fast claims processing, and mobile-friendly service. PetSmart emphasizes that this partnership helps provide comprehensive care solutions and peace of mind for pets at every life stage. Customers can obtain free quotes and choose plans that suit their pets’ needs directly through PetSmart’s website. The alliance reflects both companies’ commitment to improving pet well-being and supporting pet parents.
Allstate warns pet owners against letting animals roam free in vehicles
August 12, 2025
As Canadians head into a busy travel weekend, Allstate Canada warns that unrestrained pets in vehicles pose serious safety risks and can complicate insurance claims. A survey found nearly half of pets are unprotected in collisions, with dogs more likely than cats to roam freely. Allstate advises using crash-tested harnesses, carriers, or seat belts, never leaving pets alone in parked cars, and planning trips with water, medication, and ID updates. Unrestrained pets can distract drivers, increase injury risk, and delay claims settlements. Pet insurance is also recommended to cover unexpected veterinary expenses during travel.
