Pet Insurance Exchange Offers Cloud-based Solutions

NU Online News Service, May 4, 2:33 p.m. EDT

Insurance technology solution provider Ebix has joined with veterinary-hospital information management system CurePet to deploy the first cloud-based Pet Insurance Exchange. 

The Pet Insurance Exchange promises to be a one-stop connection hub where pet owners can find referrals to small-practice vets, specialists at large animal hospitals and university institutes. For pet care professionals, the exchange will recommend contacts for business-building resources such as software developers and suppliers of pet wellness and medical supplies.

It will also offer a network to pet insurance services providers of practice management, electronic medical records, billing, patient portals and more.

“CurePet has an innovative concept of creating a health insurance exchange for Pets,” says Robin Raina, Ebix board chairman, president and chief executive officer. “With an estimated 20 million pets in the United States, this market is ripe for the efficiency gains that a cloud-based exchange can offer to all the entities involved. CurePet has an opportunity to define the market and take a leadership position in this niche area, since no other company has deployed a solution like this.”

CurePet has expertise in providing record tracking services and communication between pet owners, veterinary doctors, and specialty hospitals. It is building cloud-based storage for electronic medical records.

Ebix, now a CurePet shareholder, will provide information technology services for CurePet on a monthly development-fee basis while retaining rights to market and operate the exchange internationally. 

About the Author
Anya Khalamayzer, PropertyCasualty360.com

Anya Khalamayzer, PropertyCasualty360.com

Anya Khalamayzer is Assistant Editor of Risk for PropertyCasualty360-National Underwriter. Khalamayzer graduated from CUNY Baruch College after intensive internships with Time Out New York Kids and Crain’s Investment News. Keenly interested in environmental science, music and the arts, her articles have been published in Gotham Gazette, Wonkster blog and Ear to Mind magazine. She can be reached at akhalamayzer@summitpronets.com

Comments

Resource Center

View All »

Get $100 in leads with $0 down!

NetQuote's detailed, real-time leads have boosted sales for thousands of successful local agents across the...

The Growing Role of Excess & Surplus Lines in Today’s...

The excess and surplus market (E&S) provides coverage when standard insurance carriers cannot or will...

Increase Sales Conversion with this Complimentary White Paper

This whitepaper will share proven techniques - used by many of the industry's top producers...

D&O Policy Definitions: Don't Overlook These Critical Terms

Unlike other forms of insurance where standard policy language prevails, with D&O policies, even seemingly...

Environmental Risk: Lessons Learned from Willy Wonka and the Chocolate...

Whether it’s a chocolate factory or an industrial wastewater treatment facility, cleanup and impacts to...

More Data, Earlier: The Value of Incorporating Data and Analytics...

Incorporating more data earlier in claims lifecycles can help you reduce severity payments by 25%*...

How Many Of Your Clients Are At Risk Of Flood?

Every home is vulnerable to flooding. Learn four compelling reasons why discussing flood insurance with...

Gauging your Business Intelligence Analytics Capabilities and the Impact of...

Big Data, Data Lakes and Data Swamps, How to gauge your company's Big Data readiness....

Extending Contact Center Capabilities Across the Insurance Enterprise

Today advancements in technology are making a big impact on business and society. To yield...

Drug and Alcohol Testing Requirements

In this two-part series, NBIS Risk Management team will break down the requirements to assist...

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.