Pets Best Insurance Services, LLC, a U.S. pet insurance agency based in Boise, Idaho, has reached a new company milestone by insuring its 100,000th pet.
Since 2005, Pets Best has provided pet parents with peace of mind by lessening the burden of expensive vet bills, and as of this month, the company has officially provided insurance to 100,000 pets from coast to coast. In addition, Pets Best has processed over 1 million claims as of April.
“This milestone comes at such an exciting time for Pets Best, and our industry as a whole,” Pets Best President Chris Middleton said. “From the 1st to our 100,000th, each and every pet in our Pets Best family simply means the world to us. We are thrilled that Pets Best has remained an industry authority, matching the exponential growth the pet insurance industry has made in the past few years. As we continue to grow and insure the next 100,000+ pets, providing excellent customer service and offering plans that fit every pet, and every budget will remain our core focus.”
Pets Best is celebrating this major achievement throughout the month. Last week, the company kicked off the celebration with its employees first with an internal appreciation party. Now it is celebrate with its local Boise community with the announcement of a donation matching fundraiser in support of The Idaho Humane Society. Pets Best is now raising money to match up to a $1,000 donation through the brand’s Facebook.
In April, NAPHIA, the North American Pet Health Insurance Association, announced a new report stating that pet insurance is now a $1 billion industry. Pets Best considers this an especially incredible benchmark because, according to the company, 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. 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.