What’s happening?
ManyPets, one of the UK’s biggest insurtech success stories, has announced a partnership with leading European insurer, Wakam.
Wakam will underwrite all of the insurtech’s policies starting from January 2023 while also supporting for the scale-ups customer experience and offering insurance expertise. The French digital insurer will also benefit from entering into the pet insurance market as it bolsters its presence in the market.
What the key players said
“We are thrilled to bring Wakam on board as our new UK carrier, during what is such an exciting time for ManyPets. It is fantastic to partner with such a forward thinking insurer, and one that aligns with our commitment to being a responsible (pet loving) business. We have ambitious plans to continue supporting even more pet parents with the very best pet insurance and health products as we head into 2023,” said Steven Mendel, CEO and Co-Founder of ManyPets.
Olivier Jaillon, CEO and CPO of Wakam, commented, “We are very pleased about this long-term partnership with ManyPets, which perfectly aligns with Wakam’s development strategy. It was an evident choice for us to collaborate with ManyPets, a reliable partner that shares our strengths and values as a growing, digital, transparent, committed and ethical player. It allows us to step into the animal insurance market, which is booming in continental Europe today, and to further consolidate our presence in the United Kingdom.”
Source: https://ffnews.com/newsarticle/manypets-and-wakam-announce-major-partnership-in-the-uk/