NEW YORK, Oct. 22, 2019 /PRNewswire-PRWeb/ -- Independence American Insurance Company ("Independence American" or "IAIC"), a member of The IHC Group (IHC), and Figo Pet Insurance ("Figo"), recently named Top InsurTech Leader by A.M. Best's Review*, have joined forces around their shared vision of providing more for pets and their owners with pet insurance coverage and technology.
Independence American, rated A- (Excellent) by A.M. Best Company, Inc., entered the pet health insurance market in 2011, and is now one of the top five pet insurance carriers based on gross written premiums. IAIC is currently writing policies with Figo in 27 states and expects to be writing new business and renewals in all 50 states and the District of Columbia by December 2019.
"IAIC remains dedicated to serving those seeking protection from expensive veterinary procedures with not only our pet insurance products, but by searching for the right partners who go above and beyond to support the needs of pet parents and the pet community as a whole," said Rick Faucher, President of Pet Insurance Division of IHC Specialty Benefits. "Figo, with their 'at-your-fingertips' concierge level mobile app, easy to understand plan-selection process, and intuitive customer service- is clearly a leader in this growing space. We are thrilled to help them deliver their best."
"The IAIC team has rich experience in the pet insurance space, and like Figo, they are dedicated to providing a top-notch customer experience," said CEO and Founder of Figo, Rusty Sproat. "Our collaboration with IAIC is key to Figo's future growth, and we look forward to enjoying a long and fruitful partnership."
For more information on IHC's pet insurance, please contact Rick Faucher at 602-395-7083 or Rick.Faucher@IHCGroup.com. Please visit http://www.IHCGroup.com and https://www.FigoPetInsurance.com for additional resources.
*A.M. Best, Best's Review, "Agents of Change" January 2017, pages 62, 71: http://viewer.zmags.com/publication/e8f79b79#/e8f79b79/1
About The IHC Group
Independence Holding Company (NYSE:IHC), formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as "The IHC Group"). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company), and IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, IHC Specialty Benefit Advisors, general agents, telebrokerage, private label arrangements, INSX Cloud, our wholly owned Web Based Entity (WBE), and through the following brands: http://www.healthedeals.com; http://www.my1hr.com; http://www.healthinsurance.org; http://www.medicareresources.org; and http://www.petplace.com.
About Figo Pet Insurance
Figo is a Chicago-based InsurTech company founded in 2015. They offer a unique combination of comprehensive insurance policies to protect your pet in the event of injury or illness; as well as industry-leading technology. They have become one of the fastest growing start-ups in the country. Figo utilizes a highly engaging and mobile-friendly Pet Cloud that allows consumers to manage their pet's healthcare, socially engage with fellow pet owners, and easily discover and locate services within the pet ecosystem. They provide simple, comprehensive, and transparent policies with an award-winning customer service staff, and are widely regarded as one of the leading pet insurance companies.
SOURCE The IHC Group
These press releases may also interest you