JAB’s Pet Insurance Platform Acquires Pumpkin, Expanding its Global Leadership in the Fast-Growing Pet Insurance Industry
JAB Holding Company (“JAB”) today announced that its pet insurance platform has acquired a majority interest in Pumpkin Insurance Services Inc. (“Pumpkin”), a best-in-class preventive care and pet insurance provider, expanding its global leadership in the under-penetrated, fast-growing pet insurance industry.
- JAB Holding Company (“JAB”) today announced that its pet insurance platform has acquired a majority interest in Pumpkin Insurance Services Inc. (“Pumpkin”), a best-in-class preventive care and pet insurance provider, expanding its global leadership in the under-penetrated, fast-growing pet insurance industry.
- Zoetis (NYSE:ZTS), the world’s largest animal health company, will maintain a significant minority stake in Pumpkin and continue its commercial partnership with the business.
- Since Zoetis launched Pumpkin in 2020, it has grown to provide insurance to more than 65,000 pets across the United States.
- JAB’s global pet insurance portfolio includes leading brands such as AKC, ASPCA, Figo, Pet Partners and Pets Plus Us in the United States and Canada, and Agila, Animal Friends, Assur O’Poil, Everypaw and Pet Protect in the U.K. and Europe.