Insurify Leverages Fletch’s Technology to Add Pet Insurance to Its Portfolio of Insurance Product Offerings
Insurify, Inc., (“Insurify”), America’s top-rated virtual insurance agent, has partnered with Fletch Technologies, Inc. (“Fletch”), the leading technology provider for simplifying insurance partnerships, to provide Insurify users with access to pet insurance products across Insurify’s digital marketplace platforms.
Insurify currently offers users real-time quotes for auto and home insurance. Leveraging Fletch’s open protocol, Insurify will be able to provide users with the ability to compare pet insurance products through its website and mobile app. Beginning Oct. 1, Insurify users will be able to quickly get pet insurance quotes from multiple leading pet insurers by completing one simple application.
“At Insurify, we’ve repeatedly heard from our customers that pet care costs are a leading concern,” says Snejina Zacharia, CEO and co-founder of Insurify. “According to the American Pet Products Association, approximately 70% of Americans are pet parents, and we want to help alleviate the burden of veterinary costs. We are thrilled that we found Fletch early in our exploration of the pet insurance market. Fletch provides a highly configurable platform that resonated with Insurify’s tech-first approach.”
In 2022, the U.S. pet insurance market increased more than 24% to reach $3.2 billion, according to the North American Pet Health Insurance Association. Pet insurance covered nearly 5 million pets in the U.S. last year – a number that has grown 22.5% annually since 2018, the NAPIA reports. On average, pet parents pay $640 per year to protect their dogs with accident and illness pet insurance, and $387 annually for cats.
“We are excited to partner with Insurify to bolster their virtual insurance agent with a pet insurance offering,” says Sri Oddiraju, CEO of Fletch. “Pet insurance is a highly relevant product, and we believe the quickest way to insure Americans’ homes or cars may be through the doggy door. Through our open insurance protocol, we are quickly able to set-up new partners enabling valuable time to market benefits for brands, insurers, and everyone involved.”
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