JAB completed the acquisition of Figo Pet Insurance.

JAB, a German conglomerate, headquartered in Luxembourg, that includes investments in companies operating in the areas of consumer goods, forestry, coffee, luxury fashion, animal health, and fast food, among others, completed the acquisition of Figo Pet Insurance, a provider of pet insurance. Financial terms were not disclosed. "Figo exists because of our deeply held belief that pet owners deserve simple and meaningful solutions to protect their loved ones. We are thrilled to partner with JAB to improve the quality of care and coverage available through Figo’s best-in-class technology and customer experience," Rusty Sproat, Figo CEO and Founder.