Business
Trupanion, Inc. Hires President of Canadian Underwriting to Expand Underwriting Capabilities
SEATTLE, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the company behind North America’s leading medical insurance for pets brand,
About this update from Trupanion, Inc.
[{"type":"text","content":"SEATTLE, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the company behind North America’s leading medical insurance for pets brand, Trupanion, has announced the hiring of Randy Valpy, a 20-year veteran of the animal health industry. Valpy will hold the position of President of a to-be-formed Canadian underwriting company, which will be a catalyst for growth in the Canadian market for insurance offerings outside of the market-leading Trupanion brand.\n “I am excited to join the team,” said Valpy. “I look forward to expanding upon our broad underwriting capabilities to tap into new avenues of growth including white label and corporate benefits offerings.” Darryl Rawlings, Founder and Chief Executive Officer of Trupanion added, “I’m thrilled to be working with Randy. He is a proven leader in our industry with a wide network of potential customers for our future products and services.” Valpy will also draw upon his years of experience with pet technologies to leverage some of the proprietary technology advancements behind the Trupanion experience, such as claims automation, across the world. “Randy’s background uniquely qualifies him to help deliver a more efficient claims experience to the pet insurance space,” said Asher Bearman, Chief Strategy Officer of Trupanion. “The Trupanion brand will remain head and shoulders above the market with its ability to pay the veterinarian at the time of checkout, in seconds. While this point of difference will remain a protected competitive advantage for Trupanion, moving the industry forward with some of our learnings to reduce costs can only be a good thing when it comes to helping more pets and veterinarians.” Valpy brings extensive experience in the companion animal space, most recently having served as President and CEO of LifeLearn Animal Health, an educational and communications services provider to the veterinary, animal health and pet services communities. Previously, Valpy served as Vice President and Managing Director at Pets Plus Us, before and after its acquisition by PTZ Insurance Services, and as President and CEO of Western Financial Insurance Company. Valpy also currently serves on the boards of the Farley Foundation, the charitable arm of the Ontario Veterinary Medical Association and the Guelph Humane Society, and from September 2015 to December 2016, he se...