Independence Pet Holdings Acquires Spot Pet Insurance

Independence Pet Holdings Inc. announced that it has acquired a majority interest in Spot Pet Insurance, which offers dog and cat insurance plans in the U.S. and Canada.

This transaction builds on a partnership that began in 2022 with IPH’s first investment in Spot, according to a press release. Today, IPH handles Spot’s underwriting, customer service, claims activities and a variety of other administrative services.

Financial terms of the deal were not disclosed.

Established in 2021, Independence Pet Holdings manages a portfolio of pet health brands and services across insurance, pet education, lost pet recovery services and more across North America.