Trov Insurance Lets Users Customize Plans to Fit Their Needs
Jana Pijak — June 20, 2016 — Business
Trov is a Millennial insurance platform that protects one's prized possessions while offering a service that is hassle-free and easy to personalize. While a few on-demand insurance plans have been rolled out by companies appealing to drivers, Trov targets urban dwellers who don't travel by car. Whether looking to insure their bicycle, smartphone or laptop, Trov's subscribers are guaranteed a reliable service that is flexible to fit their varying needs.
The on-demand service was developed by a San Franciso-based startup and is currently successful among Australian Gen Y subscribers. The Millennial insurance platform is set to launch in the United States by 2017 and hopes to appeal to urban youth that seeks to protect valuables without having to agree to the strict terms and conditions of similar services.
The on-demand service was developed by a San Franciso-based startup and is currently successful among Australian Gen Y subscribers. The Millennial insurance platform is set to launch in the United States by 2017 and hopes to appeal to urban youth that seeks to protect valuables without having to agree to the strict terms and conditions of similar services.
Trend Themes
1. Millennial Insurance Services - The customization and hassle-free nature of Trov Insurance appeals to Millennials who want insurance plans tailored to their needs.
2. On-demand Insurance - Trov's on-demand insurance service disrupts the traditional insurance industry by targeting urban dwellers who don't travel by car.
3. Flexible Personalized Insurance - Trov's platform offers flexible and personalized insurance options for valued possessions like bicycles, smartphones, and laptops.
Industry Implications
1. Insurance - The insurance industry can leverage Trov's on-demand service to cater to the needs of Millennials who are seeking customizable and flexible insurance plans.
2. Technology - The technology industry can benefit from Trov's platform by integrating it into their products and offering personalized insurance options to their customers.
3. E-commerce - E-commerce platforms can partner with Trov to provide insurance options to their customers, ensuring the protection of valuable items during the purchase and delivery process.
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