First Pet Life Enters into Strategic Agreement with Petsmarketing Insurance.com Agency, Inc.
16 Mai 2006 - 4:30PM
Business Wire
First Pet Life (Pink Sheets:FPLF) announced today that it has
entered into a three-year strategic partnership with Petsmarketing
Insurance.com Agency, Inc., a subsidiary of Hartville Group, Inc.
This agreement will enable First Pet Life to offer its own branded
line of pet insurance. The agreement facilitates First Pet Life's
planned offering of four levels of branded insurance plans to its
customers. Details of the four levels of pet insurance plans are
being worked out and will be available through the First Pet Life
web site within 60-90 days of the final structure being agreed
upon. "Petsmarketing is excited about the opportunity to work with
a quality organization like First Pet Life. We welcome them into
the industry and feel they will be a great benefit to customers,
Petsmarketing and our industry," quoted Hirsch C. Ribakow, Chief
Operating Officer for Petsmarketing Insurance.com Agency. Primary
distribution of the plans will be via the internet and call center
marketing. "We are very proud to have this phase completed. This
offering will be the cornerstone product of First Pet Life and we
look to continue to build a solid foundation moving forward.
Petsmarketing has been very successful in this industry for quite
some time and we feel honored to be working with them. They have an
extremely solid business model that works well with our goals and
is a natural fit for First Pet Life. We look forward to a long
lasting relationship with Petsmarketing as we strive to make pet
owners lives easier," added First Pet Life President and CEO Andre'
D. Williams.
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