Brea, Calif. (March. 31, 2009)—Veterinary Pet Insurance Company (VPI) has named 25-year financial and accounting veteran Michael Funck the company’s chief financial officer. Funck is a certified public accountant who previously served as an assistant vice president for Nationwide Financial Services.
Funck will be responsible for the oversight of VPI’s financial planning, accounting, treasury, actuarial, and financial analysis. His duties will also include managing the company’s financial staff and advising the CEO and executive management team.
“I've known Michael for more than twenty years and he is one of the brightest financial professionals I've ever worked with,” said Dennis P. Drent, president and CEO of VPI. "His solid financial and accounting skill set will strengthen our executive team and help move the company forward in achieving its vision of being the trusted choice of America's pet lovers since 1982.”
Past positions held by Funck include controller for Provident Mutual Insurance and TIG Holdings, Inc., assistant controller for Aurora Life Insurance Company, and senior finance manager for Transamerica Insurance Group. Funck embarked on his career in 1983 as a manager with the Big Eight accounting firm Arthur Andersen & Co.
During his tenure at Nationwide Financial Services, Funck handled Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) reporting for the $120 billion life and annuity insurance company. Adept at internal control/Sarbanes Oxley and accounting compliance, he has ensured successful internal control environments at both Nationwide and Provident Mutual Insurance. While at TIG Holdings, Inc., Funck was responsible for statutory accounting for 14 insurance company subsidiaries. He also played an integral role in Transamerica’s initial public offering (IPO), the first billion-dollar IPO ever for a financial services company.
Funck is an alumnus of California State University, Northridge, where he earned a Bachelor of Science in Business Administration/Accounting. A California native, Funck enjoys traveling abroad with his wife and three children. He is a proud pet parent of a rabbit named Snowball and two tropical fish.
About Veterinary Pet Insurance
Veterinary Pet Insurance Co./DVM Insurance Agency is the nation’s oldest and largest pet health insurance company. Providing pet owners with peace of mind since 1982, the company is committed to being the trusted choice of America’s pet lovers and an advocate of pet health education. VPI Pet Insurance plans cover dogs, cats, birds and exotic pets for multiple medical problems and conditions relating to accidents, illnesses and injuries. Optional Pet WellCare ProtectionSM for routine care is also available.
Medical plans are available in all 50 states and the District of Columbia. More than 1,600 companies nationwide offer VPI Pet Insurance as an employee benefit. Policies are underwritten by Veterinary Pet Insurance Company in California and in all other states by National Casualty Company, an A+15 rated company in Madison, Wisconsin. For more information about VPI Pet Insurance, call 800-USA-PETS (800-872-7387) or visit petinsurance.com.