Company Description

Trupanion is a leading provider of medical insurance for cats and dogs in North America. Our mission is to help loving, responsible pet owners budget and care for their pets. At Trupanion, we offer a collaborative, casual, and pet-friendly environment where everyone is encouraged to be themselves.

Are you searching for entrepreneurial opportunities in thriving industries? An established Trupanion Territory in Milwaukee, WI is now available for purchase, as the current Territory Partner is seeking a successor to take over and continue growing this already-established business within the rapidly growing pet medical insurance industry!

Job Description

This opportunity is for an entrepreneur interested in purchasing and operating an established Trupanion Territory within the Milwaukee, WI market. The future Territory Partner will operate as an independent business owner contracted to represent Trupanion within the region.

This territory has 310 hospitals with 75 already partnered with our portal, and plenty of room to grow. We’re now looking for the right people to carry our mission forward.

Historically, pet owners have paid for veterinary care with discretionary income, savings, credit cards, or other loans. Medical care for a pet sometimes involves sophisticated and costly treatments that are out of reach for many owners. Those without medical coverage may be forced to choose less expensive, sub-standard alternatives. This puts veterinarians in the position of having to determine treatment options based on an owner’s finances.

Pet owners in the United States and Canada collectively own approximately 180 million dogs and cats and less than 3% have medical coverage for their pets. Hospitals see a benefit in their bottom line when they have a client base that can pay for treatments that may otherwise be out of their financial means. And Trupanion's dedication provides a solid foundation for the success of our Territory Partners, who reap the rewards of pets that stay enrolled through residual income.

Why Partner with Trupanion?

For the last 10 years, our revenue and the number of Trupanion enrolled pets have increased every quarter. We attribute our rapid growth to our unique approach to insuring pets. Our comprehensive plan has no payout limits and covers chronic, congenital, and hereditary conditions not present at enrollment.

We’re the only provider with patented in-hospital software to process and pay claims directly to hospitals in minutes, while pet owners are at checkout! Thousands of hospitals have partnered with us to take advantage of this and the many additional benefits that our software provides.

Unlike others in the industry, we own the Trupanion brand and do not have to pay royalties for our brand name. For companies that do not own their brand, they lose an additional 3–5 points of brand franchising expense.

We set an industry high with our 98.6% monthly retention rate, and that rate continues to increase!

While we generate revenue from premiums, unlike our competitors, our policy runs month-to-month rather than annually. Our growing, loyal base of members provides the potential for predictable revenue and uncapped income potential for our Territory Partners.

Why our Territory Partners are essential to our growth:

By expanding our Territory Partner network and increasing direct marketing to veterinarians, the amount of hospitals that actively introduce Trupanion to their clients is greatly increased.

A Trupanion Territory Partner serves as a consultant to Trupanion and is the exclusive representative for our pet health insurance product within their market. The owner of this territory will oversee the Southern Idaho market and will be connected to a network of 60+ other Territory Partners across North America.

Our partners are a significant link between veterinary hospitals and our company. Territory Partners build relationships and educate veterinarians, vet techs, and office staff about how having clients who are insured by Trupanion will not only benefit their practice, but also the lives of the companion animals and families they serve.

Additional Requirements:

This opportunity is contingent on successfully obtaining a Property and Casualty license in Idaho.

This territory covers all small animal veterinary clinics from Milwaukee, WI area. We are looking for individuals interested in owning and operating the territory who reside in or near the Milwuakee area.

Compensation:

This opportunity involves acquiring an established territory from a current Territory Partner who has been cultivating their book of business since 2017 and is now seeking a successor to take over the territory and continue growing the business.

This business model offers uncapped commission potential (You are paid commission on every pet that enrolls within your zip codes. This is not a direct selling position; you are not to sell directly to pet owners). The harder you work the faster your pay increases. Your compensation will constantly grow each month as your enrolled pets increase.

Long-Term Revenue:

Our model directly compensates you for the work you put in. Unlike other business opportunities, Trupanion offers the possibility of long-term passive income. Our model is commission-based but also includes a monthly residual. Each new policy that activates within your exclusive region generates a $10 commission. After enrollment, our Territory Partners receive monthly residual income of $2 for all active policies in the region, with an average policy life span of over 73 months. With our residual income model, your business can gain momentum, achieve longevity, and provide you with the opportunity for uncapped income.

Trupanion is an equal-opportunity employer and embraces diversity. We are committed to building a team that represents a variety of backgrounds, abilities, perspectives, and skills.

We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodations.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Start-Up Costs:

As a business owner, your expected costs will include your time, travel, food, and refreshments for hospital “lunch and learn” sessions, and any additional marketing materials you choose to purchase. You can expect to invest one thousand dollars per month in the first year as you get started.
This is not a franchise or brokerage. There are no franchise fees and this business does not necessitate a brick-and-mortar operation.

Long-Term Revenue:

Our model directly compensates you for the work you put in. Unlike other business opportunities, Trupanion offers the possibility of long-term passive income. Our model is commission-based but also includes a monthly residual. Each new policy that activates within your exclusive region generates a $10 commission. After enrollment, our Territory Partners receive monthly residual income for all active policies in the region, with an average policy life span of over 73 months. With our residual income model, your business can gain momentum, achieve longevity, and provide you with the opportunity for uncapped income.

Trupanion is an equal-opportunity employer and embraces diversity. We are committed to building a team that represents a variety of backgrounds, abilities, perspectives, and skills.

We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodations.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Department: Territory Partners

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