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- Pets Best Recognized as a “2024 5-Star Program Administrator” by Insurance Business America
Pets Best Recognized as a “2024 5-Star Program Administrator” by Insurance Business America
Nov 7, 2024 | Pets Best
Pets Best earns prestigious insurance industry recognition as the only pet health insurance brand honored.
Boise, Idaho - November 7, 2024 – In May this year, Insurance Business Magazine (IBA) launched an extensive research and review process of insurance industry companies across the United States. These companies were evaluated and ranked based on their achievements and initiative across a range of important areas of interest. Today, Pets Best is pleased to announce they have received an average score of over 4.0 by IBA, earning them a “5-Star” status for outstanding performance as “Program Administrator”. Only 14 program administrators and 10 carriers across the nation were included on the prestigious list, and Pets Best was the only pet health insurance brand honored.
“We appreciate this great recognition, and are honored to be named among such esteemed companies in the insurance industry,” said Pets Best CEO, Melissa Gutierrez. “We take an immense amount of pride in the work we do for our customers, and of course, for their family pets. It’s extremely rewarding to see our efforts recognized by this industry-leading insurance awards program.”
The path to be named a “5-Star” honoree was thorough and rigorous. It started with two months of evaluations from hundreds of agents worldwide and multiple rounds of nomination submissions before winners were chosen based on measurements such as: reputation, financial stability, pricing, claims handling, product range, quoting turnaround times, underwriting expertise, technology and automation capabilities, marketing support, education and training opportunities, and commitment to the agency.
“It’s an extensive review process, and our sincerest thanks to everyone involved who made this recognition possible for Pets Best,” Gutierrez added.
Pets Best is well-known for their excellent performance in relationship management, claims specialization, underwriting guidelines, carrier reputation and more. There were multiple company achievements and industry-leading innovations around rating structure, supplemental benefits, breadth of coverage, and innovation that ultimately led to this prestigious recognition for Pets Best.
“At Pets Best, we have led the industry in developing APIs to enable licensed distribution partners to make the quoting and enrollment process more seamless. In addition, we are at the forefront of creating opportunities to offer our customers access to products and services that enhance pet ownership,” said Gutierrez. “This is an area that we continue to see tremendous growth and interest in at Pets Best, and was no doubt a leading factor when selecting us as a winner.”
IBA focuses on important industry trends and developments, and through a series of reports like the “5-Star” program, annually recognizes key individuals, industry achievements and leading insurance companies. The magazine is supported by an online hub that offers daily news and business intelligence through its website and e-newsletter that is also dedicated to delivering up-to-date news and opinions.
To learn more about the “5-Star Program Administrators & Carriers 2024”, please click here (Methodology: here). If you are a member of the media and would like to request an executive interview or information about Pets Best, please contact Kerry Sutherland at K. Sutherland PR, (775) 360-6101 or kerry@ksutherlandpr.com or visit www.petsbest.com.
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About Pets Best
Pets Best offers pet insurance and wellness plans for dogs and cats in the U.S. Founded in 2005 with a mission to provide access to comprehensive animal healthcare at an affordable price, Pets Best delivers flexible coverage, an easy claims process, and excellent customer service. Pets Best is also highly rated by independent review sites. Pets Best is a founding member of NAPHIA, an organization dedicated to ensuring high standards and transparency for the pet insurance industry. Waiting periods, annual deductible, co-insurance, benefit limits, and exclusions may apply. For all terms visit www.petsbest.com/policy. Products, schedules, discounts, and rates may vary and are subject to change. More information is available at checkout
Pet insurance coverage offered and administered by Pets Best Insurance Services, LLC is underwritten by American Pet Insurance Company (NAIC #12190), a New York insurance company headquartered at 6100 4th Ave. S. Suite 200 Seattle, WA 98108, or Independence American Insurance Company (NAIC #26581), a Delaware insurance company located at 11333 N. Scottsdale Rd, Ste. 160, Scottsdale, AZ 85254. Pets Best Insurance Services, LLC (NPN #8889658, CA agency #0F37530) is a licensed insurance agency located at 10840 Ballantyne Commons Parkway, Charlotte, NC 28277. To learn more about Pets Best, click here.