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Demotech, Inc., a financial analysis firm founded in Columbus, Ohio, in 1985, has awarded American Pet Insurance Company with a Financial Stability Rating (FSR) of A, or Exceptional.

The level A of FSR is given to insurers who “possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing,” according to the company.

American Pet Insurance Company (APIC) is touted as the only national company marketing and underwriting pet health insurance in the United States. A New York domiciled property and casualty insurance company owned by Vetinsiurance International, APIC provides pet health insurance to clients in the United States and Canada.

Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace. The rating process provides an objective baseline and insight into the future solvency of a company. Demotech predicts financial stability in the insurance industry and attempts to level the playing field by offering FSRs to insurers of all sizes.

In April of 2007, Vetinsurance International raised $22 million dollars in order to purchase APIC. The co-founder of Maverin, Dan Levitan, lead the round of financing. Maveron has funded Starbucks, eBay, The Motley Fool, Cranium,, and many other public companies.

Further information about APIC may be found by visiting

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