Companion Protect

B2B platform for pet insurance and wellness program administration

Specialty Solutions Growth Series A

Overview

Companion Protect is a specialty solutions provider that delivers pet insurance and wellness program administration services to carriers, benefits providers, retailers, and animal welfare organizations. Operating on a B2B2C model, the company enables partners to offer branded pet insurance and wellness products to their end customers without building the underlying administrative infrastructure themselves.

The company operates the PALS (Powered by Companion Protect) platform, a multi-tenant, underwriter-agnostic administrative services system. The platform handles end-to-end program administration including product design, distribution, and operational execution, and is available for white-label deployment through partner channels. Companion Protect functions as an administrative services provider (ASP) rather than an underwriter, making it carrier-agnostic by design.

Companion Protect has raised USD 47.25M across two funding rounds and counts major property and casualty carriers among its partners, including Liberty Mutual, Safeco, CSAA Insurance Group, and Progressive. The company serves insurers looking to enter or expand their pet insurance offerings without building the administrative capability in-house.

Products & Services

PALS Platform (Powered by Companion Protect)

A multi-tenant, underwriter-agnostic administrative services platform for pet insurance and wellness programs. Designed to be deployed as a white-label solution through partner channels, enabling insurers and benefits providers to offer pet coverage under their own brands.

Key Features

Multi-tenant architecture supporting multiple carrier and distribution partners
White-label deployment allowing partners to brand offerings independently
End-to-end administration covering product design, execution, and growth strategy
Underwriter-agnostic design supporting multiple carrier partnerships

Target Users: Property and casualty carriers, employee benefits providers, retailers, animal welfare organizations

Pet Insurance Solutions

Customizable pet insurance products for dogs and cats, offered through partner brands. Designed to meet varying coverage needs and configurable for distribution through multiple channels.

Key Features

Customizable coverage options for dogs and cats
Multi-channel distribution (carrier-branded, employer benefits, retail)
Designed to complement pet wellness offerings

Target Users: P&C carriers, employers, retail partners, animal welfare organizations

Pet Wellness Programs

Wellness and preventive care products that complement pet insurance coverage. Consumer research cited by the company indicates 74% of pet owners express interest in wellness products, supporting bundled offerings alongside insurance.

Key Features

Preventive and wellness care coverage
Bundled offering capability alongside pet insurance products
Configurable for partner-specific program requirements

Target Users: Carriers, employee benefits providers, retail distribution partners

At a Glance

Founded: 2015
Headquarters: Leawood, Kansas
Employees: 51-200
Funding: Series A

Category & Focus

Category: Specialty Solutions
Subcategories: Pet Insurance Administration Wellness Program Administration White-Label Platform
Insurance Verticals: P&C Personal Specialty/E&S
Target Customers: Carriers, Employers, Consumers