In 2021, JAB said it planned to deploy billions of dollars to build out its global pet insurance portfolio. Its current pet insurance portfolio includes 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. (Credit: Brian Jackson/AdobeStock) In 2021, JAB said it planned to deploy billions of dollars to build out its global pet insurance portfolio. Its current pet insurance portfolio includes 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. (Credit: Brian Jackson/AdobeStock)

JAB Holding Co. has acquired a majority interest in pet insurance platform Pumpkin Insurance Services Inc., furthering its position in the global pet coverage market.

Global animal health company Zoetis, which founded Pumpkin in 2020, will continue to hold a minority stake in the company. Other financial terms of the deal were not disclosed.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  

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