Friday, January 25, 2019

Petplan fetches new CEO


By John George  – Senior Reporter, Philadelphia Business Journal
January 2, 2019
Petplan has hired Paul Guyardo to serve as the Newtown Square-based pet health insurance company's president and CEO effective Jan. 28.
Guyardo was most recently chief commercial officer for Discovery Communications, where he is credited with quadrupling subscribers of Eurosport Player — a Discovery European sports OTT service — from 250,000 to nearly 1 million within one year and introduced nine TV streaming apps. Prior to that he was chief revenue and marketing officer at DirectTV. Earlier in his career, he was chief marketing officer for Kmart Corp. and executive vice president of Television & Marketing at HSN. 
Petplan founders Natasha Ashton and Chris Ashton previously shared the CEO title. The Ashtons still have their ownership stake in Petplan, but they are no longer involved with the day-to-day management of the company.
“Health insurance for pets is a big business in Europe but has yet to take off in the United States and Canada,” said Vernon W. Hill II, Petplan's board chairman. “Given Paul’s incredible track record, he is the perfect person to introduce Petplan to millions of pet-loving homes across North America.”
Guyardo — who has his own 1-year-old Shichon named Huncho — noted about 1 percent of the 185 million dogs and cats in North America are insured. “Petplan is well-positioned to be the brand of choice given its higher-level of coverage and customer service," he said.
The company insurers more than 200,000 pets.
Petplan policies are administered by Fetch Insurance Services LLC , which does business as Petplan, and underwritten by XL Specialty Insurance Co. in the U.S. and XL Specialty Insurance Co.–Canadian Branch in Canada.

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