Trupanion Inc (LTS:0LH0)

$ 50.705 -0.24 (-0.48%) Market Cap: 2.16 Bil Enterprise Value: 2.00 Bil PE Ratio: 0 PB Ratio: 6.74 GF Score: 77/100

Trupanion Inc at Bank of America Merrill Lynch Animal Health Summit Transcript

Feb 25, 2019 / 05:50PM GMT

Release Date Price: $26.56

Transcript

Unidentified Analyst

Mr. Darryl Rawlings, CEO, thank you for joining us. I appreciate you coming out.

Questions & Answers

Unidentified Analyst

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...

Darryl Graham Andrew Rawlings

Trupanion, Inc. - Founder, President, CEO & Director

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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