Chubb stated it’s buying managing normal agent Healthy Paws from Aon plc.
Whitehouse Station, New Jersey-based Chubb has been the unique underwriter of Healthy Paws’ pet insurance coverage program for Aon since 2013. Terms of the deal, anticipated to shut this quarter, weren’t disclosed.
“Together, we will be able to extend the reach and amplify the impact of this esteemed pet insurance brand in a vastly underpenetrated market,” stated John Lupica, president of Chubb’s North American Insurance. “As part of Chubb, Healthy Paws will empower more pet owners to fund medical care and navigate the rising costs of veterinary care.”
Jon Harris, president and chief working officer of Seattle-based Healthy Paws, will proceed to steer the business. The firms stated their lengthy relationship will assist accelerated development and a seamless transition for workers, prospects, and business companions.
Healthy Paws was based in 2009 and at present serves greater than 500,000 dogs and cats within the U.S. The firm supplies program and claims administration by way of a digital proprietary platform.
Topics
Mergers & Acquisitions
Insurance Wholesale
Chubb
Aon
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