Naphia in the News: Pet insurance is a small industry—but it’s poised for big growth in the U.S.

Michael G. Malloy (@MikeMalloy9) interviewed Naphia Executive Director Kristen Lynch about the steady growth of the pet health insurance industry over the past five years. In 2017, U.S. PHI premiums totalled $1.03 billion—double the $500 million in 2013. North of the border, Canadian premium volumes were C$161.1 million last year, up from C$91 million five years ago. While Naphia does not project on industry growth, we know that it’s about how much people value their pets, and how easy they want to make it to give their pets the health care they need.

Read the full article here.