Darryl Rawlings is the founder and CEO of Trupanion, a leading medical insurance provider for pets.
As a pet lover, Rawlings appreciated the special relationship that is formed between pets, owners and veterinarians. That appreciation led him to invent a new version of pet insurance that benefited all parties involved. Under Rawlings’ leadership, Trupanion has grown to serve over 650,000 pets and a team of more than 1,000.
Spurred by the memory of losing a cherished family dog to a treatable but expensive illness, Rawlings looked to flip the standard pet insurance reimbursement model to a direct payment approach. By paying veterinarians at the time of the invoice, Trupanion alleviates the out-of-pocket costs pet owners feel when an unexpected procedure comes up while simultaneously guaranteeing payment to the vet.
Rawlings is the mastermind behind this win-win approach by being the first pet insurance company to develop a network of territory partners who work with local veterinarians to create long-term success.
Rawlings guided Trupanion through its IPO in 2014 which netted the company $75 million. When he founded the company in 2000, Rawlings’ dog Monty was the first pet to be enrolled with Trupanion insurance.
By 2004, the company was the first North American pet insurance provider to become profitable and boasted the highest retention rate and consumer satisfaction marks in the industry. Rawlings expanded Trupanion to the U.S. market in 2005 where it became the first North American pet insurance company licensed to manage its own underwriting.
The pet insurance executive founded his first business in 1994—the Canadian Cigar Company. Rawlings oversaw the importation of over 1,000 kinds of cigars from around the world as the company served clubs, hotels, golf resorts, retail stores, and bars. He sold the company in 1999, rolling the funds into the launch of Trupanion that same year.
Before his career as an entrepreneur, Rawlings was the director of sales and marketing at cellular network company, Telos Engineering. He also sold encryption technology at Cycomm International.
Rawlings holds a degree from the British Columbia Institute of Technology.
What is Darryl Rawlings' net worth?
The estimated net worth of Darryl Rawlings is at least $31.86 million as of May 7th, 2024. Mr. Rawlings owns 614,842 shares of Trupanion stock worth more than $31,861,112 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Rawlings may own. Additionally, Mr. Rawlings receives an annual salary of $300,000.00 as CEO at Trupanion. Learn More about Darryl Rawlings' net worth.
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How do I contact Darryl Rawlings?
Has Darryl Rawlings been buying or selling shares of Trupanion?
Darryl Rawlings has not been actively trading shares of Trupanion during the past quarter. Most recently, on Tuesday, May 7th, Darryl Rawlings bought 20,700 shares of Trupanion stock. The stock was acquired at an average cost of $24.14 per share, with a total value of $499,698.00. Following the completion of the transaction, the chief executive officer now directly owns 614,842 shares of the company's stock, valued at $14,842,285.88. Learn More on Darryl Rawlings' trading history.
Who are Trupanion's active insiders?
Are insiders buying or selling shares of Trupanion?
During the last year, Trupanion insiders bought shares 1 times. They purchased a total of 20,700 shares worth more than $499,698.00. During the last year, insiders at the financial services provider sold shares 9 times. They sold a total of 27,472 shares worth more than $952,567.47. The most recent insider tranaction occured on November, 6th when Director Murray B Low sold 2,000 shares worth more than $105,340.00. Insiders at Trupanion own 5.5% of the company.
Learn More about insider trades at Trupanion. Information on this page was last updated on 11/6/2024.
