DANIA BEACH, FL — Chewy Inc. announced a partnership to offer pet health insurance and wellness plans to more than 20 million Chewy customers.
Through this partnership, Chewy (NYSE: CHWY) will offer both preventative care wellness plans and comprehensive insurance plans for accidents, illnesses and chronic conditions.
“In addition, it will help drive awareness within the pet parent community, simplifying the end-to-end process – from researching and purchasing pet insurance to filing, tracking and paying for claims – and provide access to additional Chewy Health services,” according to a press release.
Chewy “will be able to leverage Trupanion’s patented software to pay veterinarians directly, thus reducing out-of-pocket expenses and increasing access to care,” the release explains. The plans will be available for purchase at Chewy.com beginning in spring 2022.
“We are excited about our collaboration with Trupanion, with whom we share our values of customer centricity and product innovation,” said Mita Malhotra, vice president and head of Chewy Health. “The launch of customized care plans specifically designed for our customers is an important enhancement to the Chewy Health ecosystem, advancing our mission to make pet healthcare more affordable and accessible for all pet parents.”
Margi Tooth, co-president of Trupanion (Nasdaq: TRUP), said, “We’re humbled and excited when we find a partner like Chewy, who recognizes the value of our brand and expertise. Through our partnership, we have the opportunity to grow the category by introducing the concept of high-quality medical insurance to Chewy’s customer base of over 20 million pet parents. In doing so, we look forward to increasing the percentage of insured pets that walk through the doors of veterinary hospitals, to ensure they get the best veterinary care.”