Santévet Group has acquired a majority stake in UK-based Tedaisy Insurance Group, enhancing its position in the European pet health insurance market.

Target Information

Santévet Group, headquartered in France, is a leading company in pet health insurance across Europe. Established in 2003, it has carved a significant niche in several European markets, including France, Belgium, Spain, Italy, and Germany. The company generated €120 million in Gross Written Premiums in 2024, demonstrating its robust market presence. Through innovative digital services such as Payvet and Digivet, Santévet aims to democratize access to pet healthcare financing, providing tailored insurance products that cater to the specific needs of various pet breeds and ages.

Recently, Santévet has signed a strategic partnership to acquire a majority stake in Tedaisy Insurance Group, a prominent UK-based pet health insurance provider. This acquisition is a pivotal step in Santévet’s growth strategy, as it aims to strengthen its position in Europe while expanding into one of the most mature pet insurance markets.

Industry Overview

The pet health insurance industry in the UK is one of the largest and most established globally, with a market size exceeding £2 billion in Gross Written Premiums (GWP). This market demonstrates a high penetrat