Trupanion Inc at Bank of America Merrill Lynch Animal Health Summit Transcript
Mr. Darryl Rawlings, CEO, thank you for joining us. I appreciate you coming out.
Questions & Answers
Just for -- to get started, since we don't cover you, for the benefit of audience and it's a fairly different business than what we've talked about previously. Could you give us a quick overview of who you are and...
Sure. So Trupanion provides medical insurance for cats and dogs. Itâs not wellness, it's -- if you want to deem it as catastrophic. It's all the things that pet owners have a difficult time budgeting. The problem we're solving is, it is very difficult for a pet owner to understand the average cost for the pet and the variance between the lucky and unlucky is very wide. I mean, an example would be a lucky golden retriever might be $1,000 over its entire life for accident illness; an unlucky one might be $50,000. That's a pretty wide variance for somebody to try to figure out how to
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