Pantek, a growing NE Ohio IT Services company, was chosen by Embrace Pet Insurance to provide Project Management, Software Design, and Database Design services for portions of their on-line portal. Through their efforts, Pantek’s recognized experts will enable Embrace Pet Insurance to ensure accurate, secure, and reliable delivery of online portal services to their clients, 24/7/365.
Many people love their animals and treat them like their own children. For many, an injury or the loss of a pet are devastating and some people don’t know where to turn. To save a “family friend” after an injury can cost hundreds and even thousands of dollars. Where do you turn when you don’t have the money to save your pets life? That’s where the protection of Embrace Pet Insurance comes into play.
Embrace Pet Insurance has developed proprietary veterinary actuarial tables and established a highly customizable menu of insurance options. The U.S. market for pet insurance, which allows pet owners to avoid catastrophic healthcare costs for their pets, doubled from $61 million in 2001 to $120 million in 2003, and is expected to grow to $500 million by 2008.
Richard Zack, CEO of Pantek is very excited to be an integral part of a company like Embrace Pet Insurance. “Pantek is pleased to partner with Embrace Pet Insurance on their exciting and innovative approach,” stated Zack, “and helping Embrace Pet Insurance deliver a special and necessary product to the consumers, makes us proud to be a part of their team.”
Laura Bennett, CEO of Embrace Pet Insurance is also excited to be working with Pantek. “Our partners at Pantek have an excellent track record of providing innovative systems solutions on time and within budget,” stated Bennett, “We work well together as well, and that’s important to us.”
Pantek’s track record of innovative solutions has propelled Pantek to mutual success with their clients. Pantek has recently increased their office size, moved their headquarters to downtown Cleveland, and added new staff members. Their success comes from providing superior customer service with unrivaled response time, entering into relationships with a win-win attitude, and leveraging advanced software development methodologies.
Embrace Pet Insurance has recently increased its market share possibilities by receiving an $80,000 investment from the Cleveland-based state-funded economic development organization JumpStart Inc. Jumpstart recently announced that it would invest as much as $1.2 million in five Northeast Ohio companies, including Embrace Pet Insurance, a direct-to-consumer provider of pet insurance policies.