Global insurer Chubb has announced its acquisition of Healthy Paws, a managing general agent (MGA) specialising in pet insurance, from insurance and reinsurance broker Aon.
Chubb has been the exclusive underwriter of the Healthy Paws pet insurance program for Aon since 2013, establishing a longstanding relationship between the two companies. This history ensures a seamless transition for employees, customers, and other business partners, positioning the combined entity for accelerated growth.
This transaction also enables Chubb to expand its presence in a niche market with significant growth potential.
John Lupica, Vice Chairman, Chubb Group and President, North America Insurance at Chubb, expresses his enthusiasm for the acquisition, stating, “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 underpenetrated market. As part of Chubb, Healthy Paws will empower more pet owners to fund medical care and navigate the rising costs of veterinary care,” Lupica adds.
Jon Harris, President and COO of Healthy Paws, remarks, “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,” Harris concludes.
