Independence Pet Group (IPG) has successfully completed its acquisition of Felix Cat Insurance, a prominent pet insurance brand exclusively dedicated to feline companions.
The acquisition is contingent upon customary closing conditions, which include obtaining various regulatory approvals. It is anticipated that the transaction will be concluded during the latter half of 2023. IPG intends to utilize this time to craft a comprehensive strategic plan for the brand and to explore opportunities for product development and partnerships.
With a robust presence in the United States and Canada, IPG currently provides insurance coverage for over 800,000 pets, offering a spectrum of services that encompass pet well-being, safety, resources, and tailored business solutions for the pet industry.
Felix Cat Insurance was initially established and managed by The Connected Pet Company LLC, a pet marketing insurance agency operating through a multi-brand channel. Headquartered in Phoenix, Arizona, The Connected Pet Company LLC has played a pivotal role in the development and growth of the Felix Cat Insurance brand.
