Figo Pet Insurance has announced a major achievement, surpassing 200,000 active pet insurance policies. Founded in 2013, the company was acquired in 2021 by Independence Pet Group in a deal valued at approximately $250 million.
In 2023, Figo generated $77 million in written premiums for Independence American Insurance Company, highlighting its continued growth and market presence.
Tom Bean, VP of Insurance Services Operations at Figo Pet Insurance, shared his enthusiasm for the accomplishment: “Figo set out to simplify pet insurance and help make vet care more accessible for pet parents, and we’re thrilled to be able to now support over two-hundred thousand pets. We strive to create a world where people can focus on their pets and not worry about financial accessibility to care. We are proud to have reimbursed more than $80 million in vet bills for our customers.”
