US-based PEMCO Mutual Insurance has teamed up with Pets Best Insurance Services, a Synchrony company, to offer pet insurance.

The partnership will allow PEMCO Mutual Insurance’s customers to choose pet insurance solutions that can cover accidents, illnesses, and routine care.

The insurer stated that the solutions can be customised as per the pet’s needs and budget.

Additionally, the policyholder will have access to other digital capabilities and veterinary professionals for pet health-related queries.

PEMCO Insurance CEO Stan McNaughton said: “At PEMCO, our long-standing mission has been to protect the people and things that matter most in life. Pets are part of that equation; they’re integral parts of many families.

“Through our new partnership with Pets Best, our customers with pets will have one less worry in their lives.”

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Pets Best senior vice president and general manager Melissa Gutierrez said: “Our mission at Pets Best is to give pet owners peace of mind by taking the financial worry out of owning a pet so that they can make the best decisions for their dog or cat.

“The partnership with PEMCO means we are able to provide more protection and services to pets in the Northwest and across the country.”

In July, MetLife introduced a new pet insurance product to help its customers in the US deal with the financial stress that comes with pet parenthood.

In the same month, pet insurance startup Wagmo raised $12.5m through a Series A round led by Revolution Ventures.