Petco’s fully integrated ecosystem of pet health and wellness solutions — including their more than 1, 500 Petco pet care centers — and Nationwide’s deep claims data set, and dog protection and insurance capabilities will be at the center of the comprehensive programs expected to be available in 2023. With the ability to cross-promote plus market in order to each other’s customer base and beyond, the pet-serving companies will leverage their collective infrastructure, expertise and more than 150 years of insights from a rapidly growing customer foundation of more than 25 million family pet families.
“Receiving the medical support pets need throughout their lives is critical for both pets and their own 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 treatment services, giving them longer and healthier lives together. ”
Ongoing veterinary care is key to pets’ overall health plus wellness, and helping them live long, happy, healthy lives. Pet insurance plays a significant role in helping families say “yes” to care they may not otherwise become able in order to afford, yet only about 2. 5% associated with pets in the U. S. are estimated to be insured, according to 2021 data from the particular North American Dog Health Insurance Association (NAPHIA). A 2021 VetSuccess study sponsored by Countrywide found dogs and cats insured by Nationwide visited veterinarians 73% and 43% more often, respectively, than animals without health insurance.
“Forty years ago, Nationwide issued the first pet health insurance policy in the U. S. with regard to TV’s Lassie. For every year since, a lot more customers have trusted us to protect their particular pets compared to any other insurer. Sustaining our market leadership has been driven by continuous, customer-focused innovation — which includes as the first to offer voluntary benefits plans, avian plus exotic coverage, telehealth, and preferred pricing on prescription drugs, inch 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 treatment industry simply by expanding access to care, delivering actionable health insights, and improving outcomes regarding millions of pets plus their families. inches
These new offerings are usually expected to focus on end-to-end dog care fulfilled through Petco’s pharmacy, veterinary hospitals or clinics, and other health and wellness offerings, including Petco’s revolutionary Vital Treatment program. Coverage will include routine preventative care like vaccinations plus unexpected healthcare needs related to accidents or even serious illnesses. Petco insurance coverage offerings available to customers and Petco partners (employees) are expected to end up being delivered exclusively through Nationwide pet insurance policy in the future.
“With a growing number of domestic pets in Circumstance. S. homes, and a need and desire from their loving families intended for them to live as healthy plus happy because possible, expanding pet parents’ access in order to the treatment that supports all elements of a pets’ whole health — including entry to veterinary care as well as physical, mental, social and home health — is the key component of Petco’s focus on purpose-driven performance, ” said Dr . Whitney Miller , DVM, MBA, DACVPM and Chief Veterinarian at Petco. “Nationwide’s proven track record associated with enabling extraordinary care for millions of pets is perfectly aligned with our mission of improving lives. With our own combined efforts focused on what’s best for household pets, we aim to streamline the pet insurance process not only to get our customers but the veterinary community at large. ”
Source: 2021-2022 National Pet Owners Survey by American Pet Products Association (APPA).
About Petco, The Health + Wellness Co.:
Founded in 1965, Petco is a category-defining health and fitness company centered on improving the particular lives associated with pets, family pet parents and our own Petco companions. We’ve consistently set brand new standards in pet treatment while delivering comprehensive pet wellness products, services plus solutions, and creating communities that deepen the pet-pet parent bond. We operate more than one, 500 dog care centers across the U. S., Mexico and Puerto Rico , which offer merchandise, companion animals, grooming, training and a growing network of on-site vet hospitals plus mobile veterinary clinics. Our complete furry friend overall wellness ecosystem is accessible through our family pet care facilities and digitally at petco. com and on the Petco app . In tandem with Petco Love (formerly the particular Petco Foundation), an independent nonprofit organization, we work with plus support thousands of local animal welfare groups across the country and, through in-store adoption events, we’ve helped find houses for more than 6. 5 million animals.
Regarding Nationwide pet insurance
With more than 1 . 1 million insured pets, Nationwide is the initial and largest provider associated with pet wellness insurance inside the United States . Nationwide dog health insurance plan plans cover dogs, cats, birds plus exotic house animals for multiple medical problems and conditions relating to accidents, illnesses and injuries. Medical plans are available within all 50 states plus the District of Columbia . Items underwritten by Veterinary Pet Insurance Company (CA), Columbus, OH ; National Casualty Company (all other states), Columbus, OH . Agency of Record: DVM Insurance coverage Agency. All are subsidiaries of Nationwide Mutual Insurance Organization. Pet owners can find Countrywide pet insurance on Facebook or follow on Twitter . For more information about Nationwide pet insurance coverage, call 800- USA -PETS (800-872-7387) or visit petinsurance. com .
About Nationwide
Nationwide, a Fortune 100 company based in Columbus, Ohio , is one associated with the biggest and strongest diversified insurance policy and financial services organizations inside the Usa States . Nationwide is rated A+ by Standard & Poor’s. An industry leader in driving customer-focused innovation, Countrywide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities, mutual funds and ETFs; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For a lot more information, visit www.nationwide.com . Follow us on Fb and Twitter .
Nationwide, Nationwide is on your side, and the particular Nationwide N and Eagle are service marks associated with Nationwide Shared Insurance Company. © 2022.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A from the Securities Act associated with 1933, since amended, plus Section 21E of the Investments Exchange Act of 1934, as amended, concerning expectations, beliefs, programs, objectives, goals, strategies, future events or even performance and underlying assumptions along with other claims that are other than statements of historical fact. Although Petco believes that the particular expectations plus assumptions reflected in these statements are reasonable, there can be no assurance that these anticipation will prove to be correct. Forward-looking statements are usually subject to many risks and uncertainties, including the risk factors that will Petco identifies in its Securities and Exchange Commission filings, and actual results may differ materially from the results discussed in such forward-looking statements. Petco undertakes zero duty in order to update publicly any forward-looking statement that it may make, whether as a result of new information, future occasions or otherwise, except as may be required by applicable law, regulation or some other competent legal authority.
Petco Media Contact:
Ventura Olvera
[email protected]
Nationwide Media Contact:
Karen Davis
[email protected]
SOURCE Petco Health and Wellness Business, Inc.
