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Have a Dog? Trupanion CEO Talks Benefits of Pet Medical Insurance

Trupanion is the first medical insurance company for dogs and cats to go public, listing its initial public offering on the New York Stock Exchange under the ticker "TRUP" on Friday, June 18. Trupanion CEO and founder Darryl Rawlings tells TheStreet's Brittany Umar how big of a market there is for pet medical insurance and how much opportunity remains, given that the company says only 1% of pets in the U.S. are currently insured. For pet owners that are familiar with high veterinary bills, Rawlings breaks down the cost and value of pet medical insurance to the consumer and what the company's rate of customer retention is.