2015 marks pet insurance agency’s 10th anniversary
BOISE, Idaho – Pets Best Insurance Services, LLC, a leading U.S. pet insurance agency, announced today that 2015 marks the agency’s 10th anniversary. Pets Best was co-founded in Boise, Idaho, in 2005 by Dr. Jack Stephens, a veterinarian and pet insurance industry veteran, and Greg McDonald, a seasoned property and casualty insurance executive. Dr. Stephens had previously launched the pet insurance industry in North America in 1981.
The first pet insured on a Pets Best plan was Dr. Stephens’ 1.5-pound teacup Chihuahua, Torrey. In the 10 years since, Pets Best has sold more than 157,000 pet insurance policies. Pets Best offers pet insurance plans for dogs and cats in all 50 states and Washington, D.C.
“During the past 10 years, Pets Best has firmly established itself as a true innovator in the U.S. pet insurance industry,” Dr. Stephens said. “Before I founded the nation’s first successful pet insurance company in 1981, approximately 50 companies had already attempted to enter the market. In recent decades, many pet insurance agencies have come and gone, but Pets Best continues to serve as a trusted leader in the industry.”
The team at Pets Best is comprised of pet owners and pet lovers, many of whom have veterinary backgrounds and are involved with animal rescue efforts. The company’s mission is to end economic euthanasia by helping to ensure pet owners are financially prepared when their pets need unexpected veterinary care. Economic euthanasia often occurs when pet owners are unable to afford costly veterinary care for their pets.
The following timeline documents the major milestones that led to Pets Best celebrating 10 successful years in business:
1981 – Dr. Stephens launches first successful pet insurance company in North America.
1982 – Dr. Stephens presents the nation’s first pet insurance policy to television icon Lassie at a press conference in Los Angeles with Mayor Tom Bradley.