Pinnacle Pet Group enters the French market with the acquisition of HD Assurances – UKTN [Boss Insurance]

Pinnacle Pet Group enters the French market with the acquisition of HD Assurances - UKTN

Leading French pet insurance brand Assur O’Poil and award-winning online veterinary booking platform CaptainVet join PPG

LONDON–(BUSINESS WIRE)–Pinnacle Pet Group (“PPG”), a leading pan-European pet insurance provider with JAB Holding Company as majority shareholder, announced today that it will acquire HD Assurances , a leading animal health insurance broker, selling its insurance products under the Assur O’Poil brand in France, Belgium and Italy.

Founded by entrepreneur Hubert Derai in 1990 as Managing General Agent (“MGA”), HD Assurances offers pet insurance products to more than 120,000 customers. With PPG’s support, HD Assurances will seek to expand its distribution channels, accelerate product innovation and broaden its offering.

Following the closing of the transaction, Hubert Derai will continue to support Assur O’Poil as Managing Director.

Over the past 20 years, Hubert Derai has successfully created a European pet insurance champion that truly puts pets first.said Dirk Beeckman, CEO of JAB’s pet insurance portfolio. “We are delighted that Hubert will remain with the company, allowing PPG and Assur O’Poil to continue to benefit from his leadership expertise, network and market knowledge.

Our extraordinary success has been underpinned by our undying love for pets“, said Derai. “We believe in PPG’s long-term vision for the future of pet insurance and are excited to be part of its ambitious expansion plans. By working together, we can ensure that more animals receive the care they need while reimbursing veterinary providers in real time.

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PPG also acquires CaptainVet, an innovative and award-winning online veterinary appointment platform. Founded in 2017, CaptainVet currently operates in France and Belgium and serves over 1,100 veterinarians. With the support of PPG, CaptainVet will expand its service offering in France and explore entering new markets across Europe.

PPG was established in 2021 to provide owners and pets with access to the best insurance and care available in the UK and Europe.

About Pinnacle Pet Group

Pinnacle Pet Group (“PPG” or “the Group”) is a leading pan-European pet insurance provider controlled by JAB Holding Company. The Group offers a full range of pet insurance products and services for pet owners, distribution partners, breeders, shelters and veterinarians. The Group was created in 2021 as part of a joint venture with BNP Paribas Cardif.

1681036444 206 Pinnacle Pet Group enters the French market with the acquisition

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contacts

The One Nine Three group for JAB

Zach Siegel: [email protected]
Charlie Harrison: [email protected]