Tesco Bank partners with Pinnacle

Tesco Bank has appointed Pinnacle Pet Group as its partner to offer pet insurance to banking customers. As part of the partnership, Pinnacle will handle sales, servicing, and underwriting. The 5-year partnership will begin in January 2025.

Tesco Bank has around 400k pet insurance customers. The bank’s current pet insurance partner is RSA, which announced last year that it is exiting its UK home and pet partner and broker contracts.

“We chose Pinnacle as our new strategic partner for pet insurance to help us grow our business whilst offering the high standards of products, service and claims experience that our customers expect from Tesco.” – Gary Duggan, chief insurance officer at Tesco Bank.