Chubb to acquire Healthy Paws

Chubb announced a definitive agreement to acquire Healthy Paws, a US-based MGA specializing in pet insurance, from Aon. The transaction positions Chubb to expand in a niche market with substantial growth potential. Financial terms of the deal, which is expected to close in the second quarter, were not disclosed.

Since 2013, Chubb has been the exclusive underwriter of the Healthy Paws pet insurance program for Aon. The long-standing Chubb and Healthy Paws relationship positions the combination for accelerated growth while supporting a seamless transition for employees, customers and other business partners.

Founded in 2009, Healthy Paws currently serves more than 500k dogs and cats. The company provides program and claims administration via a digital proprietary platform.

“We are delighted to welcome Healthy Paws to the Chubb family. Together, we will be able to extend the reach and amplify the impact of this esteemed pet insurance brand in a vastly under penetrated market. As part of Chubb, Healthy Paws will empower more pet owners to fund medical care and navigate the rising costs of veterinary care.” – John Lupica, Vice Chairman, Chubb Group and President, North America Insurance.

“Chubb has been an important part of our journey for more than a decade and is an ideal partner to enable us to continue our mission on a larger scale and offer even greater value to the pet community. There are tremendous opportunities ahead to expand the positive impact we have on pets and pet parents.” – Jon Harris, President and COO of Healthy Paws.