Live Insurance News

Pet insurance company goes public

July 24, 2014July 22, 2014 Julie Campbell

Things to consider when searching for pet insurance

Trupanion Inc. has now started trading on the New York Stock Exchange and is off to a strong start. At a time in which pet insurance is truly beginning to take off throughout Europe – though not yet as much in the United States – an insurer has now gone public in the U.S., and its initial successes appear to reflect the opinion of investors that Americans are ready to start purchasing coverage for their dogs and cats in considerably larger numbers. At the moment, only about 2 percent of…

Pet insurance is offered by a growing number of companies

July 18, 2014July 15, 2014 Julie Campbell

Though traditionally a very small market, as the popularity of these products take off, insurers are taking notice. When it comes to pet insurance, companies are now starting to see a far greater opportunity than was ever available before, as owners start to consider animals as furry family members instead of a beast that is somewhat disposable. The importance of these animals – especially dogs and cats – has lead to massive advancements in veterinary medicine. While the evolution of veterinary medicine has made it possible to provide these animals…

Pet insurance company, Trupanion, is gearing up for an IPO

June 20, 2014June 18, 2014 Julie Campbell

The provider has now filed with the U.S. Securities and Exchange Commission for an offering of up to $75 million. Trupanion Inc., the large American pet insurance company, has recently announced that it is planning an initial public offering (IPO) on the New York Stock Exchange, and has now made its filing. This insurance company will be listed on the exchange under the “TRUP” symbol. The intention of the pet insurance provider is to raise up to $75 million for its IPO. That said, that figure is not set in…

National Pet Month teaches owners smarter insurance coverage

May 7, 2014May 7, 2014 Julie Campbell

National Pet Month is a celebration of the joy that cats, dogs, birds, fish, and other animals bring to our lives. May is National Pet Month in the United States and as it is a great time to pause and remember the value that our animal companions bring to our lives, it is also a good time to consider pet insurance and other aspects of care that can help to improve the quality of their lives. Owners are reminded to think about their fuzzy, finned, and feathered friends in a…

Pet insurance company names winner of “most unusual claim” contest

April 18, 2014April 15, 2014 Julie Campbell

A cat in Middletown, Delaware named Lewes was given this month’s title. A two year old cat named Lewes, who is owned by the Racelis family in Middletown, Delaware has now earned a rather unique form of recognition, as his pet insurance company named his circumstance as having the “Most Unusual Claim of the Month” after he was required to undergo an emergency surgery in order to extract a foam dart out of his small intestine. The insurer hands the title out to the oddest claim that is made each…

Pet insurance is helping more pets survive cancer

March 6, 2014March 4, 2014 Julie Campbell

According to Aquarium, a software provider for insurers, coverage is contributing to animal survival. According to pet insurance software company, Aquarium, companion animals such as cats and dogs are surviving cancer at a notably higher rate because of the treatments that their owners can afford through their coverage. This has created a direct link between animal health coverage and their cancer survival rate. For the majority of animal owners who do not have coverage, being able to afford cancer treatment for their beloved furry friends would be cost prohibitive. However,…

Pet insurance company expands annual veterinary awards

September 4, 2013September 2, 2013 G. Turner

Petplan has announced that it is now receiving nominations and that it has added an additional category. Millions of people who have cats, dogs, and other animals as a part of their families know the importance of finding the best veterinarian – along with an incredible support team – and one pet insurance company is continuing its annual veterinary awards this year in order to recognize those outstanding individuals. These awards honor not only the best veterinarians, but also the professionals who provide the rest of the care and support.…