IPG Promotes Lane Kent to CEO; the previous CEO David Kettig becomes Vice President
Independence Pet Group (“IPG”), a leading full-stack pet insurance platform, today announced it has completed the acquisition of Fairfax Financial Holdings Limited’s U.S. and Canadian interests in Crum & Forster Pet Insurance Group (“C&F Pet “) and Pethealth Inc.
IPG also announced that it has appointed Lane Kent as Chief Executive Officer, effective January 1, 2023. Mr. Kent, who has served as IPG’s Chief Operating Officer since IPG’s inception last year, is a seasoned insurance executive with more than 30 years of industry experience, including senior positions at Mutual of Omaha, New York Life, Univita/LTCG and Southern Guarantee Insurance Company. Mr. Kent will succeed current CEO David Kettig, who will move to IPG’s Executive Vice President. Mr. Kettig will continue to play an active role in strategic and business development activities as the company continues to grow and expand.
Today, IPG operates through some of the most respected pet insurance brands including AKC Pet Insurance, Figo Pet Insurance and PetPartners. With the completion of the Fairfax Financial acquisition, IPG now operates a platform that supports the insurance of more than 600,000 pets, including pets insured by C&F Pet or its subsidiaries, including ASPCA® Pet Health Insurance, 24Petprotect, Hartville Pet Insurance, Spot Pet Insurance, Pumpkin Insurance Services and Pets Plus Us in Canada. Pethealth provides shelters and pet owners with wellbeing and safety solutions under the 24Pet brand, which includes the 24Petwatch registry with over 20 million registered pets. This acquisition will also expand IPG’s global footprint and position it as a leading pet insurance provider in both the United States and Canada as the pet insurance industry grows at approximately 20 percent per year worldwide Attractive and sustainable…
