Pet insurance company Pethealth to acquire parts of PurinaCare’s assets

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  Some of the latter company’s coverage operations have been purchased through this agreement. Pethealth Inc. has just announced that its PTZ Insurance agency subsidiary has now entered into an acquisition agreement with Nestle Purina Claims Processing, Inc. and its PurinaCare services in order to purchase some of its pet insurance operations. The acquisition covers the Purinacare Insurance Services, Inc. operations in terms of certain operations. Those operations are specific to the administration of the pet insurance program at Purina, and the ownership of the rights to the renewals of…

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Pet insurance premiums are spiking in the UK

Pet Insurance

Some dog and cat owners are discovering that the health coverage for their animals is rising fast. Many of the cat and dog owners in the United Kingdom are facing an unpleasant discovery when they renew their pet insurance policies, as they are discovering that the coverage is becoming much more costly. Some animal owners have experienced premium hikes of over 40 percent. At that rate of increase, the premiums are rising at approximately 15 times the rate of inflation. This is forcing many to have to make a difficult…

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Pet insurance company names new VP of Veterinary Channel Development

Pet Insurance cat

Petplan has just announced the naming of Steve Shell into this position. Petplan pet insurance has just revealed that it has named Steve Shell to the position of vice president of Veterinary Channel Development. Shell has over thirty years of experience within the industry of animal health in the United States. The top rated pet insurance company, as well as one of the most rapidly growing in the United States has recognized his experience and success at Invervet/Schering-Plough, Pfizer Animal Health, and Merck Animal Health, and took care to identify…

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Pet insurance from Trupanion has now made it to Delaware

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The most rapidly growing animal insurer has added yet another state to its list. The second largest pet insurance company in the United States, and the fastest growing, Trupanion, has just announced that it has expanded into Delaware and that animal owners can begin purchasing policies in that state. The policies have become available through the company’s website as well as over the phone. Trupanion stands out from other pet insurance providers as it operates with terms that are different from other companies. For example, it has lifetime coverage available…

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Trupanion pet insurer raises $9 million to improve customer service and widen sales force

The Trupanion pet insurance company has raised $9 million in financing, with funding coming primarily from the Highland Consumer Fund, but also from Maveron, a venture capital firm from Howard Schultz. The insurer provides pet coverage to owners in Canada, Puerto Rico, and the United States. It provides coverage for 90 percent of medical care from a veterinarian should the protected pet be injured or fall ill. Premiums for a mixed-breed dog at three years old are typically around $40 per month. Trupanion explained that it intends to use the…

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