A word with Trov cofounder
“For us it’s about customer acquisition not efficiencies” – Trov founder Scott Walchek at the recent OnRamp conference in Chicago. The on-demand microduration, micro coverage, mobile player announced a new funding to the tune of $25.5 million and the launch of its services in Australia in an exclusive partnership with Suncorp. Backed by Oak HC/FT (think: big-time backer of Insureon) and Guidewire, to name a few. Heading to UK soon with the support of Axa. Bottom Line: a convenient warranties service or a new sustainable channel to attract the underinsured? Time will tell.