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Pet insurance offered staggering valuation for North America

May 26, 2022

In five years, the pet insurance market is expected to exceed a valuation of $3.8 billion in North America, according to a Graphical Research industry report.

Graphical Research has identified the following major trends that will drive North America’s pet insurance market upward – high claim settlement ratio of public providers, increase in pet insurance plans for accidents and illness, increase in pet adoption and presence of key participants in the US.

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