none

AMERICAN STARTUP LAUNCHES IN AUSTRALIA FIRST?

27-04-2016
by 
in 
Trov: an insurance revolution?

Groundbreaking American startup Trov have are set to launch their on-demand insurance in Australia first, and for an unexpected (but welcome) reason.

To help bring on-demand insurance to the public, Trov have formed a partnership with Suncorp bank, citing them as one of the world’s most innovative insurers.

Michael Cameron, CEO of Suncorp Group, said “increasingly customers, particularly those in the millennial generation, are looking for new platforms to provide financial services in a flexible and engaging way. Trov is a great example of a new and innovative way for customers to protect what matters most to them.”

Trov, which allows users to protect posessions on-demand, switching between items via their mobile phone, is set to launch their on-demand in May 2016, followed by the UK in the latter half of 2016, and the USA in 2017.

That this launch, which looks likely to disrupt the existing insurance sales model significantly, is being pioneered in Australia speaks volumes about our country’s returning recognition on the international field.

It sends a strong message that Australia is recognized worldwide for our innovation, and our commitment to scientific advancement.  Despite the burdens of funding cuts and a rough economy, the scientific and manufacturing industries are alive and well. 

Related news & editorials

  1. 23.04.2018
    23.04.2018
    by      In
    Bonfiglioli has expanded its HDO series of drives with four new smaller sizes for applications such as mining, bulk materials handling, building and construction, food and beverage, and water and wastewater recycling.
    The new HDO sizes – 71, 81, 91 and 95 – have torque outputs from 6800 to 23,200Nm... Read More
  2. 20.04.2018
    20.04.2018
    by      In
    Floorsafe offers Australia’s largest range of quality tactile products at the very best prices.
    The range includes a wide choice of individual tactile indicators in stainless steel, brass and PVC with matching directional bars. And quick-fix self-adhesive tactiles are available as a DIY option.... Read More
  3. 20.04.2018
    20.04.2018
    by      In
    Treotham Automation is offering a novel long-travel roller chain from igus that has been optimised for improved service life in cranes and gantries. The P4.1 roller chain incorporates newly developed tribologically optimised plain bearings that enable lubrication-free mounting of the individual... Read More
  4. 20.04.2018
    20.04.2018
    by      In
    RS Components has expanded its RS Pro range of test and measurement equipment with a number of new instruments and probes specifically aimed at maintenance professionals.
    Both the RS700 and RS730 thermal imaging cameras combine user-friendly controls with fast, accurate and reliable measurement,... Read More