Petplan Equine is hoping to pick up Norwich Union's equine business by relaxing normal requirements for new business in the wake of the insurer's withdrawal from the market last week.

For a limited period, Petplan Equine will accept existing documentation and original vetting, waiving the normal 14 days waiting period for cover for illness on sight of a current Norwich Union certificate of insurance and acceptable veterinary certificate. There is no need for Norwich Union customers to pay for a new veterinary certificate.

Julia Johnson, operations director for Petplan said: “As the largest animal health insurance specialist in the market, we are in a unique position to provide immediate cover for the thousands of Norwich Union equine policyholders who will be affected by this.”