Trōv is rolling out its on-demand personal property insurance in the US. Munich Re is serving as Trōv’s underwriting partner in the U.S. (and the rest of the world), and the company said it would look to roll out across the rest of the country over the course of the year. The service, which is already available in Australia and the UK, will be launched in Arizona and expanded across the country throughout the year. As part of the roll-out, Trōv is piloting a new service that will reduce a customer's premium payment as the item they insure depreciates in value. In an interview with Mashable, Trôv's CEO Mark DeLuca said he was inspired to launch his company after seeing how much people were willing to pay for their own home insurance.
Trōv is rolling out its on-demand personal property insurance in the US. The service, which is already available in Australia and the UK, will be launched in Arizona and expanded across the country throughout the year. As part of the roll-out, Trōv is piloting a new service that will reduce a customer's premium payment as the item they insure depreciates in value. In an interview with Mashable, Trôv's CEO Mark DeLuca said he was inspired to launch his company after seeing how much people were willing to pay for their own home insurance.