AM Specialty backs new pet insurance solution

AM Specialty Insurance Company (ASIC), a provider of specialised insurance products, and Swain & Baldwin Insurance & Risk Management, an independent agency with over 65 years of experience, are excited to announce the launch of the PawPro Pet Insurance Program—a comprehensive solution tailored for renters with pets.

Initially available in Texas, the programme provides flexible, value-driven coverage options for pet owners, with plans to expand nationwide.

The PawPro Pet Insurance Program is designed to meet the specific needs of pet-owning renters, offering a variety of essential coverages, including emergency pet boarding, lost pet advertising and rewards, coverage for death from injury or illness, veterinary fees, and vacation cancellation.

“Partnering with Swain & Baldwin to launch PawPro allows us to offer pet owners peace of mind by bundling comprehensive pet insurance with their renters’ policies,” added Dominick Tassone Jr, Chief Underwriting Officer at AM Specialty Insurance.

“With Swain & Baldwin’s existing distribution network and trusted relationships in the renters market, we are confident this program will be a great success.”

This insurance solution will be offered both through Swain & Baldwin’s extensive network of retail agents and made available directly to consumers.

By launching PawPro alongside its existing renters’ insurance program, Swain & Baldwin offers a seamless way for renters to protect both their homes and their pets.

“We’ve always prioritised offering our clients high-quality, affordable coverage tailored to their needs, and we are thrilled to extend that same commitment to pet owners with the PawPro Pet Insurance Program,” commented Matt Baldwin, Chief Underwriting Officer at Swain & Baldwin. “Pets are family, and we’re excited to provide the protection they deserve.”

AM Specialty Insurance (ASIC) will retain full ownership of the PawPro Pet Insurance Program, which is projected to generate $7.5 million in written premium during its first year, with expectations to scale up to $20 million within three years.

By utilising Swain & Baldwin’s extensive network and dedication to exceptional client service, the PawPro Pet Insurance Program is well-positioned for significant growth and success.

Both ASIC and Swain & Baldwin are enthusiastic about delivering this crucial protection to pet owners throughout Texas, with plans for nationwide expansion in the near future.

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