What We’ve Been Up To This Fall

Posted in News & Updates, SIC, on 11/07/2018

What We’ve Been Up To This Fall

Don’t miss these highlights from last quarter from Trov.

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Since Trov first celebrated its inaugural mobile app launch in Australia (‘ello) a little over two years ago, we’ve made some big leaps—and baby steps—of global progress towards making insurance smarter, easier, and more transparent for both enterprises and consumers. In a spirit of self-reflection, we wanted to take a moment to catch you up on the important things that have happened in the last few months here at Trov and share a few updates and accolades we’re proud of.

Highlights from the fall

We officially launched in the USA! In July, Trov started its roll-out beginning in Arizona along with announcing new features (e.g., Smart Premiums), new protectable product categories, and a wholly re-engineered insurance experience for Americans (TechCrunch wrote about it here). We’re excited to continue expanding into more states over the next several months.

Later in July, John Doppke joined Trov as VP, Product Management. A native Chicagoan and lettered polyglot who’s been in the Bay Area for over five years, Doppke brings years of product management experience in highly regulated environments from previous FinTech positions held at companies including PayPal and LendingClub. “In addition to joining a team of great people,” said Doppke, “one of the many things that drew me to Trov was the number of outsized opportunities in rapidly innovating industries that Trov is poised to have a large impact on that nobody else can equal.”

A Fast Company piece showcasing companies utilizing service-led design principles, written by Lou Downe, Director of Design and Service Standards for the UK Government, included Trov in a list of some of the most prominent companies getting service design right.

Trov debuted in the top six percent of an annual and prominent list you’ll most likely recognize: the Inc. 5000, which lists the fastest-growing private companies in America. We proudly ranked 297 on the annual list and also 22 for companies based in the San Francisco Bay Area.

Our CEO Scott Walchek made the San Francisco Business Times’ Upstart 50 class, the second annual listing honoring the most innovative, disruptive, and creative business professionals throughout the San Francisco Bay Area. He and fellow honorees were given the award in a ceremony in downtown San Francisco.

Trov was recently profiled in the monthly newsletter for Financial Technology Partners, an influential FinTech investment bank, as well as in Risk & Insurance’s September 15, 2018 issue in print and online. Then, in October, one of Europe’s premier intelligence and analytics companies, FinTech Global, featured Trov in its annual InsurTech 100, a list of the world’s most innovative InsurTech companies, according to criteria such as overall growth, industry significance, and notoriety.

“It’s really integration over innovation.” Our CEO @ScottWalchek discussing how to partner within the insurance industry during the shapes of disruption panel at #ITC2018. pic.twitter.com/QipNrVOGxv — Trōv (@trov) October 3, 2018

Conferences for days! Trov recently spoke at the Connected Car Insurance summit in September, and at InsureTech Connect with partner Munich Re Digital Partners on the topic of disruption and innovation in the InsureTech space. Scott Walchek took the stage at Money 20/20 in Las Vegas this week to discuss the digital transformation of the insurance industry.

Trov was also a featured speaker for The Digital Insurer’s August webinar on insurance innovation, presenting alongside AXA XL and Munich Re Digital Partners.

Coverage of Trov’s US roll-out continues to gain more media buzz in outlets such as Digital Insurance, Carrier Management, and Insurance Journal. Scott was also featured in a WIRED UK article around productive meetings and corporate culture. Lastly, Trov was mentioned in Forbes (twice), The Times (UK) and Property Casualty 360.

It’s been exciting to see more and more people talk about On-Demand Insurance and we feel honored to be introducing it to the world one day at a time, one industry at a time. We’re grateful for everyone who’s joined us along the journey so far and we can’t wait to show you the big things ahead as we move into the final months of 2018.

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