Trov News

Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil

Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to the Brazilian market. Recent regulatory changes in Brazil have enabled insurers to offer on-demand insurance products to consumers and businesses …

Trov, U.K.’s Lloyds Banking Group Partner on Digital Renters Insurance App

Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group in the U.K. Trov, an insurance technology company, said the product enables renters to activate their base home …

Insurtech Trov Now Selling in 7 Additional States and D.C.

Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan, Tennessee and Washington, D.C. The insurtech company had previously …

On-Demand Insurance Agency Trōv Expands Into U.S., Launches in Arizona

Trōv, a global on-demand insurance agency, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re’s Digital Partners provides underwriting capital through its global strategic alliance with Trov. The company’s Arizona …

Reinsurers Invest in Fintech Startups to Diversify and Grow in Soft Market

When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a U.K. internet startup to …

Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report

Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson and CB …

7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek

Trōv is a tech start-up that’s introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We’ve had to reinvent the insurance value-chain — from customer engagement through claims — by …

Trov in California Closes $45M in Series D Financing for Insurtech

San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million. All of Trov’s Series C investors participated in the round: Oak …

Investments in Insurtech Expected to ‘Keep Booming’ in 2017: KPMG Report

Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus on …

Insurtech Startups Attract Growing List of Traditional Insurer Partners

Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of …