Thursday, September 8, 2022
HomeInsurance LawTrupanion enters Europe’s pet insurance coverage area with Good Paws deal

Trupanion enters Europe’s pet insurance coverage area with Good Paws deal


Trupanion, a US-based agency offering medical insurance coverage for cats and canine, has acquired Good Paws for an undisclosed sum. 

The acquired agency is a pet insurance coverage supplier with operations in Germany and Switzerland.

Good Paws, which was co-founded by veterinary and insurance coverage professionals, operates completely within the pet insurance coverage area and supplies bespoke choices to fulfill the pets’ and their house owners’ wants. 

The European insurer has ties with hospitals and veterinarians in Germany and Switzerland and it continues to broaden in new markets.

By means of the deal, Trupanion enters the German and Swiss markets and will get entry to different key European markets. 

Following the deal, Good Paws will proceed to handle and administer all its choices and memberships. 

The agency can be led by Simon Wheeler and function as a part of Trupanion’s worldwide organisation. 

Trupanion EVP of worldwide Simon Wheeler stated: “Continental Europe is a extremely enticing alternative for Trupanion, providing excessive per capita spending and comparatively low ranges of pet insurance coverage penetration. By means of the acquisition of Good Paws, we look ahead to increasing our footprint in different key European international locations.

“Along with being strategically positioned geographically within the European Union, the Good Paws workforce brings experience inside the area’s veterinary business, which can be integral to constructing our presence in that market.”

At the moment, Trupanion has operations within the US Canada and Australia with over 700,000 pets enrolled on its platform. 

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