"The Humane Society of the United States has been a proponent of pet
health insurance since 1999. The Humane Society has partnered with
Petplan which we believe is the most comprehensive health insurance
product available for pets and the one product The Humane Society of
the United States is proud to offer our members. The HSUS believes pet
health insurance is an important component of responsible pet
ownership and ensuring happy, healthy pets."
- John Snyder - VP of Companion Animals for the Humane Society of the
Petplan is delighted to have been selected as the exclusive pet health
insurance provider of the Humane Society of the United States (HSUS).
The HSUS has worked
since 1954 to promote the protection of all
animals. With nearly ten million members and constituents, The HSUS is
the nation's largest and most powerful animal protection organization,
working in the United States and abroad to defend the interests of
Petplan is a proud supporter of The Humane Society and its Pets For
Life programs to promote the bond between pets and their parents. The
HSUS benefits from every pet insurance policy that's purchased. That
means you'll be helping The HSUS reduce suffering and create
meaningful social change for animals when you protect your pet with
one ofPetplan's policies.
The Humane Society of the United States is proud to announce a
relationship to offer HSUS supporters discounts on Petplan
insurance. Based in Philadelphia, Petplan pet insurance is affiliated
with Petplan UK—the world's largest and most trusted pet insurance
company, recommended by more pet owners and veterinarians than any
Today, more than a million pets across the globe are protected under
the Petplan brand. With one in three pets requiring unexpected
veterinary treatment in any year, The HSUS believes pet insurance is a
key component of responsible pet ownership.
Petplan's policies are unique in that they are fully customizable
through a choice of coinsurance and deductibles, allowing pet owners
to select the coverage that is most appropriate to their needs and
budget. Additionally, Petplan is the only pet insurer in the United
States to cover hereditary conditions with no dollar limits per
condition. Most importantly, once a pet is insured with Petplan,
they'll be covered for any condition they develop,
no matter how long
the condition lasts. This is called "Covered for Life" and it can
prove to be invaluable when you consider that 30-40 percent of all pet
insurance claims are for chronic conditions that last beyond 12 months.
Petplan also offers multiple discounts on their pet health insurance—
up to 15 percent per animal!
Mention the special HSUS Discount Code SPD20002 to receive a 5 percent
Apply online and receive an additional 5 percent discount.
Take a look at the other discounts Petplan offers.
For a free customized quote, please call 1-800-519-8099 or click on
the link below.
*Remember, mention or enter Discount Code SPD20002 during the quote
process to ensure you receive the 5 percent HSUS supporter discount.
Petplan USA is a Philadelphia-based pet insurance company,Ώ]
providing insurance for pet owners to cover veterinary bills. Since
2003, it has operated in
partnership with Petplan UK,ΐ]a unit of what
Bloomberg describes as "Europe's largest insurer", Allianz SE. Α]
Petplan USA holds the exclusive US license to use the Petplan UK name
in marketing. It has also since 2007 operated in partnership with the
Humane Society of the United States (HSUS) to promote pet insurance as
"a key component in responsible pet ownership".Β] In the United
States, American National Property and Casualty (ANPAC) underwrites
The company was founded in 2003 by Chris Ashton and his wife Natasha
Ashton, who had seen the need when as students of the Wharton School
of the University of Pennsylvaniathey could not get coverage for their
own sick pet.Α] Along with Alex Krooglik and Laura Bennett, they
submitted a plan for a pet insurance company, then called PAWS, to the
annual Wharton Business Plan Competition, winning the contest's
prize.Δ]Ε] For several years, the company struggled
with debt, as the Ashtons were unable to secure bank loans.Ζ] In
2006, Chris Ashton approached the Wharton Entrepreneurial Program for
advice on a national marketing plan and was directed to visiting
lecturer Alan Abrahams, who assigned Petplan USA as a data-mining test
case to his students.Η] The students' work helped determine marketing
strategies for the company, providing information on potential areas
In April 2008, the company, which had nine employees in Spring of 2007
and 11 in February 2008,Η]⎗] appointed Vernon Hill II, the founder
and former president and CEO of Commerce Bancorp Inc., as chairman of
^ a b http://www.bizjournals.com/philadelphia/stories/2008/04/07/daily38.html
^ a b http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ausmg1JnBOIM
^ The truth about cats and dogs: they're costly Newsletter. (Spring
2003) Wharton Entrepreneurial Program. wharton.upenn.edu. Retrieved
^ Changing times: Wharton Business Plan Competition Venture Fair
Winner eschews high tech Newsletter. (Spring 2003)
Entrepreneurial Program. wharton.upenn.edu. Retrieved 2008-08-12.
^ Witt, Louise. (2005-07-07) When entrepreneurs risk it all and lose
The New York Times. Retrieved 2008-08-12.
^ a b Dogging the data Newsletter. (Spring 2007) Wharton
Entrepreneurial Program. wharton.upenn.edu. Retrieved 2008-08-12.
^ Walker, Peter. (2007-05-15) Doggedly pursuing a business answer CNN.
^ Bick, Julie. (2008-02-10) For your pet, a policy all its own The New
York Times. Retrieved 2008-08-12.
Genesis Technology powers Avid and Home Again microchips. HSUS always
sponsors the "Genesis" awards. Commerce Bancorp was founded by Vernon
Hill, II. Vernon Hill then started another company called Hill
Townsend Capitol, an investment company based in Md. The originators
of Pet Plan, the Ashton's, went to him for assistance with their Pet
program and he bought into it. Hill has given 10 MILLION
to the Univ. of Penn. Vet school. He is also an investor in Pet Plan
and Pet Plan promotes HSUS & AVID chips.
Does this tell a story?
Thursday, April 10, 2008
Vernon Hill's latest pet project
Vernon W. Hill II isn't finding it hard to fill his hours, post-
Commerce Bancorp Inc.
In November, he launched an investment firm in Maryland called Hill-
Townsend Capital. (Read a Forbes story on his partner here.) In
January, he invested in a banking industry blog,Bankstocks.com. He
took a minority stake in the Saladworks restaurant chain, based in
Conshohocken in February. And now, pet insurance.
Genesis award info: (you didn't think "Genesis" just meant the
"beginning", did you?)http://www.lukaslist.com/?dece1220http://blogs.dogtime.com/celebrity-canines/2009/03/-americas-next-top-model-host-nigel-barker-at-the-genesis-awardshttp://www.gretchenwyler.com/bio.html
That's right insurance for your dog or cat. A Philadelphia company
called Petplan USA has named Hill its chairman.
Hill hasn't disclosed how much he's invested in these private
ventures, and the Petplan deal is no different.
Petplan co-founder Natasha Ashton would say only that the firm raised
a substantial amount of money in an investment round that included
Hill and various European investors.
Ashton said she was thrilled that Hill would be lending his expertise
to Petplan, calling him a "tremendous mentor."
Ashton and her husband, Chris,
met Hill through the University of
Pennsylvania's School of Veterinary Medicine. Hill, a dog lover, gave
$10 million to Penn's vet school in 2005.
The Ashtons were both MBA students at the Wharton School when their
cat, Bodey, got sick and the treatment prompted them to change the
business plan they were working on.
About $5,000 in veterinary care bills later, the Ashtons became
convinced there is a potentially huge market for pet insurance in the
They designed policies, got licenses to operate in all 50 states, and
convinced the largest pet insurance provider in the United Kingdom -
Petplan UK - to give them the exclusive license for the United States.
Petplan USA was launched in 2006 and now employs 11 in an office
building near the Philadelphia International Airport. Ashton would not
say how many policies it has sold.
She said that Petplan will benefit from Hill's
experience as it starts
to ramp up on a larger scale. "He's fanatical about customer service,"
For his part, Hill admits pet insurance is a departure from his
emphasis on retail-oriented enterprises. "I really like these two
kids," he said. "I have tremendous admiration for what they've
accomplished with no contacts and very little money."
Pet insurance is well-established in Europe. But less than 1 percent
of the 163 million dogs and cats in the United States are insured,
"There's a very great need for this product. Maybe its time has come,"