Chief Executive Officer & Director, Progyny
Search every verified Peter Anevski interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Peter Anevski, CEO of Progyny, said in March 2025 that the company ended 2024 with strong member engagement and retention, describing the year as "really strong" and noting that results exceeded expectations. He stated that Progyny entered 2025 with 6.7 million covered lives across 530 large self-insured clientscars, and that 40% of new clients purchased one or more of the company's expanded offerings, which include pregnancy, postpartum, and menopause care. Anevski said the company is "well positioned" for an upcoming sales year and is integrating services acquired through Benefit and April to create an "unparalleled digital experience" for members. He also commented that a Trump administration executive order requesting recommendations on protecting access to IVF and improving affordability is "really positive for everybody" and aligns with Progyny's mission. In a September 2023 interview, Anevski said that economic turbulence was not hurting Progyny's business, noting that the company retained 99% of its existing clients and that none cut the benefit package for the following year. He stated that a third of existing clients added to their benefits, and that half of the 105 new clients were companies that had not previously offered fertility benefits. Anevski attributed this to employers recognizing the importance of family building, adding that companies concerned about a recession "feel it's more important to offer benefits like Progyny."
“Progyny is a global women's health and family building benefits company, and we address many areas not only in family building and reproductive health, but also our expanded product offering, which is pregnancy, postpartum and menopause.”
“The year ended really strong relative to member engagement. We had volatility during the year in terms of care consumption, but the year ended really positively and we were able to drive our results beyond expectations and guidance.”
“We're going to enter 2025 with 6.7 million covered lives across 530 large, self-insured clients, but also in our newest offerings, we're 40% of our newest clients that came on board bought one or more of those offerings.”
“It's our ninth year in a row of 99% plus client retention. Really really important to keep your clients happy, to keep your members happy, to keep everybody in our ecosystem happy. We've been doing that successfully with an NPS score of 80 plus for over nine years.”
“Our expectations are we're really well positioned for an exciting sales year coming up, but also an exciting year relative to integrating all of our services, including the services that we have and services that we acquired through both Benefit and April.”
“The Trump administration and the executive order that was issued does two things. It's asking for recommendations around protecting access to IVF, as well as asking for recommendations around affordability. Those are all really positive for everybody.”
“Our mission is to help anybody who wants to achieve their dream of building a family, to be able to do so. And certainly those two things are in line with that mission.”
“Health care is complicated. Many different priorities that are out there, but that's no different than what we've seen in the past. We're excited all the macro trends that have driven our business and our growth to date are intact.”
“We're across the country, so we have clients and lives in virtually every state in the country and continue to do so. We started out on the West Coast but have expanded throughout the country and now have access to IVF clinics wherever they are in the US.”
“In the US we're only single digit penetrated across the TAM of 105 million covered lives. And we only have 6.7 million of them. So huge opportunity relative to the TAM in the US. Our investment in April starts our footprint. We now service over 100 countries around the world.”
“Family building is a very important part of people's lives and employers recognize that. We've retained 99% of our existing base of clients and none of them cut the benefit pack at all for next year.”
“A third of our existing clients added something to the benefit, and when you take the new clients that we saw, the 105 new clients for next year, half of them are companies that were already offering the benefit in some form but the other half weren't offering it at all.”
“To the extent they have concerns around a looming recession, they feel it's more important to offer benefits like Progyny.”
Pete Anevski, CEO of Progyny (PGNY), discusses his company's latest earnings and how it's poised for a "well-positioned" year.
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