NASDAQ: TRUP
Trupanion is a provider of medical insurance for cats and dogs operating in the United States, Canada, and certain countries in Continental Europe. The company offers subscription-based pet medical insurance plans with unlimited payouts on eligible expenses for the life of enrolled pets. Trupanion operates through two segments: its core Subscription Business, which directly enrolls pet owners through a network of Territory Partners and veterinary hospitals, and its Other Business segment which includes writing policies for unaffiliated third parties including Pets Best. The company differentiates itself through patented technology that enables direct payment to veterinarians in seconds at checkout. Policies in the U.S. are issued through wholly-owned subsidiaries American Pet Insurance Company and ZPIC Insurance Company, and in Canada through GPIC Insurance Company or Accelerant Insurance Company of Canada. The company has over 1.1 million subscription pets enrolled and approximately 1.6 million total pets enrolled across all segments. Trupanion also maintains an alliance with Aflac to expand its distribution reach. Updated
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Trupanion is a provider of medical insurance for cats and dogs operating in the United States, Canada, and certain countries in Continental Europe. The company offers subscription-based pet medical insurance plans with unlimited payouts on eligible expenses for the life of enrolled pets.
