Insurtech Trov has expanded into Tennessee, Arkansas, Georgia, Hawaii, Iowa, Michigan, Alabama and Washington, DC with its on-demand, single item insurance products. The company began US operations in Arizona, before spreading to Nevada, Wyoming, Delaware and South Dakota. Trov’s product allows users to insure specific items for adjustable periods of time, with users only paying for the coverage they use. The insurtech is partnered with Munich Re’s Digital Partners for underwriting capabilities, and will be expanding into gig economy, fleet mobility and other types of niche transportation insurance with new products to be released this year.
Insurtech Trov has expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan, Tennessee and Washington, DC with its on-demand, single item insurance products. The company began US operations in Arizona, before spreading to Nevada, Wyoming, Delaware and South Dakota. Trov’s product allows users to insure specific items for adjustable periods of time, with users only paying for the coverage they use. The insurtech is partnered with Munich Re’s Digital Partners for underwriting capabilities, and will be expanding into gig economy, fleet mobility and other types of niche transportation insurance with new products to be released this year.