U.S. pet insurance coverage partnership expands into Japan

U.S. pet insurance coverage partnership expands into Japan

U.S. pet insurance coverage partnership expands into Japan

A significant participant within the American pet insurance coverage market has expanded its attain abroad by way of an prolonged partnership.

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

“We’re excited to enter Japan via our alliance with Aflac, which stays a supportive shareholder and associate,” says Trupanion president, Margi Tooth. “We see a chance inside the Japanese marketplace for a pet insurance coverage product that’s aligned with the veterinary neighborhood, [and] stay up for partnering with Aflac to construct belief amongst veterinarians and their workers at Japan’s greater than 10,000 veterinary hospitals.”

“This three way partnership will mix Aflac’s model recognition, broad distribution community, and trade management in Japan with Trupanion’s model, sturdy status, and experience inside the pet insurance coverage trade,” provides Aflac’s president and chief working officer, Frederick J. Crawford.

The providing might be out there to pet house owners in Japan starting within the second half of 2023, pending obligatory regulatory approvals, Aflac experiences.

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