Chubb to acquire Healthy Paws from Aon plc, terms undisclosed

Chubb (CB) announced a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent, or MGA, specializing in pet insurance, from Aon plc (AON). Financial terms of the deal, which is expected to close in the second quarter, were not disclosed. Since 2013, Chubb has been the exclusive underwriter of the Healthy Paws pet insurance program for Aon. Founded in 2009, Healthy Paws has been a trailblazer in the pet insurance domain and currently serves more than 500,000 dogs and cats in the U.S. The company provides program and claims administration via a digital proprietary platform.