Insu

InsuUnderwritersPetSure (Australia) Pty Ltd

Underwriter exposé

PetSure (Australia) Pty Ltd

PetSure underwrites 7 of the biggest Australian pet insurance brands — including Bow Wow Meow, Bupa, Medibank and Woolworths. Same underwriter, different logos.

Most consumers don't realise that the brand on their pet insurance certificate isn't necessarily the company paying their claim. Across 2023-2024, PetSure (owned by Hollard) systematically absorbed direct underwriting of seven major AU pet insurance brands. Here's the full picture.

AFSL420183Australian Financial Services Licence
Owned byHollard InsuranceAFSL 241436
AU brands7 directPlus 3 Hollard-direct administered by PetSure
AFCA complaints (FY24-25)1953rd most among general insurance underwriting agencies

The 2023-2024 transition window

Until mid-2023, most major AU pet insurance brands were issued directly by Hollard, with PetSure acting as administrator under a binding authority. Across a 14-month window, Hollard restructured: PetSure became the direct issuer for the largest brands, while Hollard remained the corporate parent.

From a consumer standpoint, this is largely invisible — your day-to-day claims experience didn't change because PetSure was already running the back office. But the legal counterparty did change. Existing customers on policies issued before each transition date are still on Hollard policies; renewals after the date are on PetSure.

Five of the seven currently PetSure-direct brands transitioned within an 11-month window (May 2023 – April 2024). This wasn't coincidence — it was a coordinated industry shift.

Transition timeline

  1. 8 May 2023
    Pet Insurance Australia transitions Hollard → PetSure
  2. 14 June 2023
    Bow Wow Meow transitions Hollard → PetSure (5 weeks after PIA)
  3. 17 July 2023
    Woolworths Pet Insurance transitions Hollard → PetSure
  4. 30 August 2023
    Medibank Pet Insurance transitions Hollard → PetSure
  5. 21 March 2024
    HCF Pet Insurance transitions Hollard → PetSure (after a 7-month pause)
  6. 18 April 2024
    Bupa Pet Insurance transitions Hollard → PetSure (the latest of the 2023-2024 cohort)
If you're an existing customer of any of these brands and bought your policy before the transition date for that brand, you're technically still on a Hollard policy until your next renewal. Your claims experience won't differ because PetSure has been administering throughout, but the legal counterparty on your certificate of insurance is Hollard, not PetSure. Renewals after the transition date move you to PetSure.

The brands

Every AU pet insurance brand currently underwritten by PetSure (Australia) Pty Ltd. Click through to read the full review for any we've audited.

BrandInsu Score
Issued by this underwriter since 2023-06-14
74 / 100
Issued by this underwriter since 2023-05-08
76 / 100
Issued by this underwriter since 2023-07-17
47 / 100
Issued by this underwriter since 2023-08-30
51 / 100
Bupa Pet Insurance
Issued by this underwriter since 2024-04-18
Review pending
(transition date uncertain)
52 / 100
(transition date uncertain)
47 / 100

Why this matters

Knowing your underwriter answers four questions that matter when you actually need to claim:

For more on how Insu uses underwriter data in scoring, see the methodology page.

General advice only. Insu publishes consumer information about Australian pet insurance, not personal financial advice. Insu Scores, comparisons, and brand reviews are general information based on PDS data and our published methodology. Always read the brand's current Product Disclosure Statement before purchasing. Editorial standards.