US pet insurance coverage partnership expands to Japan

US pet insurance coverage partnership expands to Japan

A serious participant within the US pet insurance coverage market has expanded its attain abroad by an expanded partnership.

Trupanion has a three way partnership with the Fortune 500 firm Aflac to offer pet insurance coverage in Japan. The businesses report that the providing, Aflac Pet Insurance coverage, will leverage Aflac’s in depth distribution community in Japan with Trupanion’s experience in pet insurance coverage.

“We’re excited to enter Japan by our alliance with Aflac, which stays a shareholder and supportive companion,” stated Margi Tooth, president of Trupanion. “We see a chance within the Japanese marketplace for a pet insurance coverage product appropriate for the veterinary group, [and] trying ahead to working with Aflac to construct belief amongst veterinarians and their employees at over 10,000 Japanese veterinary hospitals.”

Aflac President and CEO Frederick J. Crawford added: “This three way partnership will mix Aflac’s model recognition, in depth distribution community and business management place in Japan with the model. Trupanion’s model, stable repute and experience within the pet insurance coverage business.”

As Aflac reviews, the service shall be out there to pet house owners in Japan beginning within the second half of 2023, pending the required regulatory approvals.

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