Trupanion launches signature medical insurance product in Europe
Trupanion announced the official launch of its “high-quality” Trupanion product in Germany and Switzerland. The launch follows the company’s expansion to Continental Europe in 2022 with the acquisition of two pet insurance companies operating in the region.
Trupanion policies in Germany and Switzerland will be administered and managed by Trupanion’s local team in Europe, and the policies will be underwritten by Helvetia in Germany and European Travel Insurance ERV in Switzerland.
“We’re excited to celebrate this major milestone and offer German and Swiss pet parents and their 29 million pets the unrivaled protection of Trupanion. The launch of our Trupanion product in Continental Europe marks a significant step forward in our international expansion efforts, a key tenet of our 60-month plan, and opens the opportunity for us to distinguish Trupanion’s unique, high-value product within the marketplace.” – Margi Tooth, CEO at Trupanion.
“With low levels of pet insurance penetration in Continental Europe, we see a long runway for growth for our high-value Trupanion product. Similar to our market-leading product in North America currently covering over 900,000 pets, we believe our Trupanion product in Germany and Switzerland provides pet parents with true lifetime, transparent coverage in the marketplace.” – Simon Wheeler, EVP International at Trupanion.