On October 15, 2025, Verisk announced the launch of a pet health insurance program within its Core Lines business, marking the company’s first entry into the pet‑insurance market. The new ISO Pet Insurance Line of Business provides insurers with standardized policy forms, rating rules, and loss‑cost data, enabling faster market entry and product development.
The U.S. pet‑insurance market reached nearly $4.75 billion in gross written premiums in 2024, growing 21.4% year‑over‑year. By offering a ready‑made, data‑driven platform, Verisk positions itself to capture a share of this expanding segment and to deepen relationships with existing insurance clients.
Verisk’s Pet Line of Business Hub, hosted on core.verisk.com, delivers the tools and insights that insurers need to design, price, and underwrite pet policies efficiently. This launch aligns with Verisk’s broader strategy of expanding its subscription‑based, technology‑enabled solutions across new lines of business, potentially creating a new recurring revenue stream and reinforcing its competitive moat in the insurance data space.
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