Independence Pet Group (IPG), the full-stack pet insurance platform, announced the completion of its acquisition of Fairfax Financial Holdings Ltd.’s U.S. and Canadian interests in the Crum & Forster Pet Insurance Group (C&F Pet) and Pethealth Inc.
IPG purchased the pet insurers for US$1.4 billion in the form of US$1.15 billion cash and US$250 million in seller notes. The deal was first announced by IPG’s parent company, JAB Holding Co., in June 2022.
