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HomePet Industry NewsPet Financial NewsSelf-reliance Animal Group Finishes Acquisition of Animal Insurance Coverage Operations of Fairfax...

Self-reliance Animal Group Finishes Acquisition of Animal Insurance Coverage Operations of Fairfax Financial

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IPG promotes Lane Kent to CEO; present CEO David Kettig to end up being Vice-Chairman

PHOENIX, October 31, 2022–( SERVICE WIRE)– Self-reliance Animal Group (” IPG”), a leading full-stack family pet insurance coverage platform, today revealed the conclusion of its acquisition of Fairfax Financial Holdings Limited’s U.S. and Canadian interests in the Crum & & Forster Animal Insurance Coverage Group (” C&F Animal”) and Pethealth Inc.

IPG likewise revealed that it has actually selected Lane Kent as President, reliable January 1, 2023. Mr. Kent, who has actually worked as IPG’s Chief Operating Officer because IPG’s development in 2015, is a skilled insurance coverage executive, with more than thirty years of market experience, consisting of holding executive positions at Mutual of Omaha, New York City Life, Univita/LTCG, and Southern Warranty Insurance Provider. Mr. Kent will be successful present CEO David Kettig, who will shift to Vice-Chairman of the Board of IPG. Mr. Kettig will continue to play an active function in tactical and service advancement activities as business continues to grow and broaden.

Today, IPG runs through a few of the most highly regarded family pet insurance coverage brand names, consisting of AKC Animal Insurance coverage, Figo Animal Insurance Coverage and PetPartners. With the conclusion of the Fairfax Financial acquisition, IPG now runs a platform supporting insurance coverage for more than 600,000 family pets, consisting of those family pets guaranteed through C&F Animal or their affiliates, making up ASPCA ® Animal Medical Insurance, 24Petprotect, Hartville Animal Insurance Coverage, Area Animal Insurance Coverage, Pumpkin Insurance Coverage Providers and Pets Plus United States in Canada. Pethealth offers wellness and security options to shelters and family pet moms and dads under the 24Pet brand name, that includes the 24Petwatch Pc registry with over 20 million signed up family pets. This acquisition will likewise broaden IPG’s worldwide footprint, placing it as a leading family pet insurance coverage service provider in both the United States and Canada, and comes as the family pet insurance coverage market has actually been growing at a rate of around 20 percent annually on a worldwide basis driven by appealing and continual long-lasting patterns.

” This deal represents an essential turning point and a considerable action in our journey to end up being the leading one-stop platform for all things that enhance family pet health, including our industry-leading family pet insurance coverage brand names,” stated David Kettig. “It has actually been an honor to lead IPG through this transformative duration, and now is the correct time for me personally to shift oversight of business to Lane, while continuing to do what I enjoy. I want informing the general public, and family pet moms and dads in specific, on the requirement for family pet insurance coverage and family pet services to enhance their family pets’ wellness. Lane and I have actually collaborated carefully the last numerous years and he is distinctively matched to lead IPG into its next chapter.”

” I am enjoyed have the chance to lead IPG at this interesting time for all the remarkable individuals coming together to develop this company,” included Lane Kent, inbound CEO of IPG. “With the addition of C&F Animal and Pethealth to our platform, we are considerably advancing our objective of offering family pets and their moms and dads with inexpensive, detailed insurance coverage and wellness services throughout a family pet’s life.”

About Self-reliance Animal Group

Self-reliance Animal Group, Inc. (” IPG”) intends to enhance the special bond in between family pets and their individuals through our household of ingenious product or services. It uses a thorough series of underwriting alternatives, turnkey partner options, and consumer-facing insurance coverage items through its entirely owned subsidiary, Self-reliance American Insurance Provider (” IAIC”), a leading service provider of underwriting services to the family pet insurance coverage sector certified in all 50 states and the District of Columbia. Its subsidiary, PetPartners, Inc., disperses and administers IAIC policies through first-rate family pet insurance coverage brand names AKC Animal Insurance coverage and its group family pet brand name, PetPartners. Likewise part of the IPG household is Figo Animal Insurance Coverage LLC, a leading direct-to-consumer brand name and mobile friendly Animal Cloud that permits customers to handle their family pet’s health care, socially engage with fellow family pet moms and dads, and quickly find and find services within the family pet community. IPG likewise supports the brand names Hartville Animal Insurance coverage, Pumpkin Animal Insurance Coverage, and ASPCA Animal Medical insurance (items presently financed by United States Fire Insurance Provider). The IPG community likewise consists of 3rd party Animal (a marketing name owned by Pawsitive Solutions, LLC), offering service services to breeders, family pet merchants and their clients varying from live family pet stock management software application, options services and guarantee support, microchip and registration services and tailored family pet items; and Pethealth Inc., a worldwide leader in the arrangement of animal management software application, RFID microchip recognition, database-related services for buddy animals, and family pet medical insurance operating in Canada and the United States. Pethealth’s line up of brand names, consists of 24Pet, 24PetProtect, Animal + United States, and Chameleon. https://www.independencepetgroup.com/

View source variation on businesswire.com: https://www.businesswire.com/news/home/20221030005045/en/

Contacts

Media
Self-reliance Animal Group: Amanda Trcka, Marketing Communications and PR Supervisor at (203) 231-9975 or [email protected]

JAB: Tom Johnson or Jake Yanulis, Abernathy MacGregor, [email protected] or [email protected]

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