Posted in News & Updates, on 09/08/2016
We’ve partnered with Munich Re to launch on-demand insurance in the US in 2017!
Munich Re to underwrite Trōv On-Demand Insurance in the United States in 2017.
Today, we're excited to announce that leading global reinsurer, Munich Re, will be our underwriting partner for on-demand insurance when we launch in the US in 2017!
Partnering with Munich Re brings its immense capability and strong balance sheet together with Trōv’s innovative technology platform, so that millions of Americans can be empowered to protect their things, mobility, and lives, in ways never before possible.”
Andy Rear, Head of Munich Re’s global Digital Partners business unit, said: “Digitalization is changing the face of the insurance industry, and our partnership with Trōv is a perfect example of the innovative propositions we are developing with digital insurance start-ups and digital verticals. Trōv is creating a new way for consumers to interact with insurers, which ultimately benefits not only consumers, but our industry for the long haul."
Trōv on-demand insurance will be phased into all 50 states beginning in 2017, allowing users to protect single items, such as electronics, photography, and sports equipment. We first launched on-demand insurance in Australia in May of 2016, in partnership with leading insurer Suncorp. We'll be launching on-demand insurance in the UK later this year.
Be sure to sign up to get notified, and we'll let you know when it launches.
To see the full press announcement, click here.