A leading provider of pet health insurance, announced today that health insurance for pets in the United Kingdom is growing at a record rate.

CEO, Russell Smith stated, “According to Mintel, a leading analyst firm whose U.K. research spans more than three decades, the pet health insurance market in the U.K. is worth more than GBP 245 million, or over $495 million. There are currently over 1.85 million pet health insurance policies in place, and approximately 50 pet health insurance providers in the country.”

He continued, “U.K. Pet Health Insurance providers include: TESCO, a major online grocery store, Blue Cross, an international leader in healthcare insurance services, Pedigree, Pet Plan (an Allianz company whose gross premium income exceeds GBP 1,634 million), The Kennel Club, Equine & Livestock and AXA Insurance (a company that serves more than 50 million customers with more than GBP 1,091 billion in assets).

“Providers of health insurance for pets in the United Kingdom understand the importance of sophisticated pet health insurance programs that provide ‘lifetime coverage’ and other important benefits. At ensurApet, we understand this need, which is why our plans are currently the only program in the United States to offer lifetime coverage along with other critical benefits desired by pet owners. As the market grows for pet health insurance in the United States, we are confident that our plans will set the standard for excellence in the industry.”