About

Trov is reinventing insurance for the mobile generation by making it simple, flexible and transparent. With the introduction of the world’s first on-demand, micro-duration insurance platform, Trov gives people the power to insure just what they want, exactly when they want, entirely from their mobile device. The Trov app also helps people easily organise important information about the things they own and back it up to the cloud, so it’s accessible when needed. In April 2016, Trov announced a $25.5m Series C funding round led by Oak HC/FT, with participation from Suncorp Group, Guidewire and existing investor Anthemis Group. Trov launched in Australia in May 2016, and will roll out in the UK later in 2016, before launching in the United States and other regions in 2017. Trov is headquartered in the San Francisco Bay Area.

Focus

PRODUCTS & SERVICES

On-demand insurance platform to track and protecct the belongings

MAIN CLIENTS

Brown and Brown Private Client Group

Costello and Sons

Fort Point

G.S. Levine

Lane McVicker and TDC

EXISTING PARTNERSHIPS

Suncorp Group

Hub International

Lockton and Willis

PRIMARY PROBLEM SOLVED

Trov is designed specifically for the mobile generation, who often find the constraints of traditional insurance incompatible with their untethered lifestyles. The 2015 World Insurance Report revealed that just 36 percent of millennials reported a positive experience with their traditional insurer in 2015, compared to 52 percent of other age groups. Trov represents an enormous opportunity for this group as it provides a far more flexible approach to insurance, whether they are heading to university, going travelling, working on-the-go, or simply wanting to protect something they love.