An American startup is hoping to overhaul the stuffy insurance industry with a couple of swipes.
On Monday, Trov launched its latest product in Australia: On-demand insurance for single items through its mobile app. Founded in 2012, the company’s free iOS and Android app previously allowed people to create a digital inventory of their possessions, but it’s now adding an extra level of service. The insurance offering is currently iOS-only.
To insure an item, users simply load the details into the app, select it and swipe right to turn on protection. A toggle allows them to change the time period it is insured for and how much excess they’re willing to accept. Read more…
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