{"id":5288,"date":"2019-04-03T12:19:19","date_gmt":"2019-04-03T19:19:19","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=5288"},"modified":"2022-03-15T19:20:52","modified_gmt":"2022-03-15T19:20:52","slug":"nsm-acquires-embrace-pet-insurance","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/nsm-acquires-embrace-pet-insurance\/","title":{"rendered":"NSM acquires Embrace Pet Insurance"},"content":{"rendered":"

One month after Pets Best became a part of CareCredit, another pet health insurer has a new owner.<\/p>\n

Embrace Pet Insurance, headquartered in Cleveland, was acquired by NSM Insurance Group for an undisclosed price. Like Pets Best<\/a>, Embrace is among a group of smaller insurers with a market share in the single digits.<\/p>\n

NSM Insurance Group, a subsidiary of White Mountains Insurance Group, reported the Conshohocken, Pennsylvania, company is in expansion mode.<\/p>\n

\u201cEmbrace provides us with a strong platform to accelerate our growth in the pet health insurance<\/a> space,\u201d CEO Geof McKernan said.<\/p>\n

Embrace CEO Ambrish Jaiswal and other executives are expected to stay.<\/p>\n

Jaiswal \u201chas built a great company and culture,\u201d McKernan said. \u201cEmbrace Pet Insurance has continuously been named a top workplace in Northeast Ohio, which is a testament to Ambrish and his team.\u201d<\/p>\n

Embrace insured more than 110,000 dogs and cats in 2017. More recent figures were not available.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Embrace executive team will continue to manage the Cleveland-based company.<\/p>\n","protected":false},"author":45,"featured_media":5289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-5288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nNSM acquires Embrace Pet Insurance | Today's Veterinary Business<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSM acquires Embrace Pet Insurance\" \/>\n<meta property=\"og:description\" content=\"The Embrace executive team will continue to manage the Cleveland-based company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/nsm-acquires-embrace-pet-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"Today's Veterinary Business\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/todaysveterinarybusiness\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-03T19:19:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-15T19:20:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/wp-content\/uploads\/sites\/2\/2019\/04\/NSM-Embrace.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"680\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Louise S. 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