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NSM Insurance Group acquired Embrace Pet Insurance.

Synopsis

NSM Insurance Group, a leader in the development, implementation, marketing and underwriting of industry-specific insurance programs, acquired Embrace Pet Insurance, a top-rated, nationwide provider of personalized, affordable and easy-to-use pet health insurance for dogs and cats. Financial terms were not disclosed. Geof McKernan, CEO of NSM, said, "We are excited to continue our expansion in North America with Embrace. Embrace provides us with a strong platform to accelerate our growth in the pet health insurance space. Ambrish Jaiswal, CEO of Embrace, has built a great company and culture. Embrace Pet Insurance has continuously been named a top workplace in Northeast Ohio, which is a testament to Ambrish and his team."

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