May 2, 2018

For over a decade, Pets Best Insurance Services, LLC, a U.S. pet insurance agency based in Boise, Idaho, has been on the cusp of industry innovation, while helping to provide peace of mind to pet parents by offering customizable pet insurance plans and quick reimbursements on veterinary bills.

NAPHIA, the North American Pet Health Insurance Association, announced a new report stating that pet insurance is now a $1 billion industry. This is an especially incredible benchmark for Pets Best because, according to Pets Best, its founder, Dr. Jack Stephens, launched the pet insurance industry in the U.S. and wrote the first policy ever in 1981. Dr. Stephens brought together over 900 veterinarians to create the first pet insurance company in the U.S. and is known as the “father” of pet insurance in North America, according to the company. In 2005 he went on to co-found Pets Best by introducing innovations in online enrollment, claims processing, and a more customer-friendly reimbursement model that is now the industry norm.

“We have a very unique perspective of how far the pet insurance industry has come, because Jack [Stephens] was there from the very beginning,” Pets Best President Chris Middleton said. “Trends will come and go, but Pets Best has always been dedicated to Dr. Stephen’s original mission to end economic euthanasia.”

You can read the full report from NAPHIA here.

Share This Story On:

Stockroom //
New Products

Digital Guide

CBD Trends

This digital guide provides valuable information on the subject of CBD, including content on dosage and the importance of being fully transparent about the product’s origin

Dog & Cat Needs

With dogs and cats being members of the family, there's vital information to know in order to serve their pet parents.

Pet Health

This digital guide describes a variety of health issues and the ways that pet parents can care for their pet's well-being through pet supplements..

Pet Nutrition

Discover how science, technology and pet owning lifestyles are changing the industry.

Pet Parenting

This digital guide dives into the human-animal bond, and the roles that pet parents play in the development of their companion animals.

Pet Supplements

This digital guide provides valuable information on the subject of pet supplements, including details on the NASC and how brands should earn consumer trust.

Enews Subscribe

Subscribe To Pet Age
Sign up for the weekly e-newsletter, print magazine and more. Sign Up