What Trupanion, Inc. does.

We provide medical insurance for cats and dogs in the United States, Canada, and certain countries in Continental Europe. Through our data-driven, vertically-integrated approach, we develop and offer high-value medical insurance products, priced to take into account each pet’s unique characteristics and coverage level. Our growing and loyal membership base provides us with highly predictable and recurring revenue.

We operate in two reporting segments: subscription business and other business. We generate revenue in our subscription business segment primarily through insurance premiums, which we refer to as subscription payments, from direct-to-consumer products. We operate our subscription business segment similar to other subscription-based businesses, with a focus on achieving a target margin prior to our new pet acquisition expense and acquiring as many pets as possible at our targeted average estimated internal rate of return. Within our subscription business, we also provide "Powered by Trupanion" pet insurance product offerings marketed by third parties, low and medium average revenue per pet products marketed under the brand names Furkin and PHI Direct in Canada, and a Trupanion branded product in Germany and Switzerland. We either directly underwrite or assume full insurance risk for these products through reinsurance arrangements. We provide a full suite of services and support for these products and they are designed to align with the target margin profile of our subscription business segment. Within this segment we also offer products in certain countries in Continental Europe which are currently underwritten by third parties who pay us commissions that we recognize as revenue.

Revenue and profit, by fiscal year.

More on TRUP.

• Trupanion, Inc. summary
• Trupanion, Inc. financial statements
• Trupanion, Inc. key metrics
• Trupanion, Inc. health scores and style box
• Trupanion, Inc. earnings
• Trupanion, Inc. dividends
• Trupanion, Inc. valuation
• Trupanion, Inc. ownership and insiders
• Trupanion, Inc. peers

Figures from Trupanion, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.