WEVE DESIGNED, BUILT & LAUNCHED THE WORLDS ONLY MICRO-MOMENT - - PowerPoint PPT Presentation

WE’VE DESIGNED, BUILT & LAUNCHED THE WORLD’S ONLY MICRO-MOMENT INSURANCE PLATFORM ENABLING ON-DEMAND INSURANCE

INSURANCE HAS HEAVILY RELIED ON FINANCIAL SERVICES
 AS A DISTRIBUTION PARTNER FOR DECADES.

4

LEASE VEHICLE PURCHASE HOME

PROTECT LIFESTYLE

SEVERAL CHANGES IN THE WORLD ARE BEGINNING TO 
 DISRUPT THIS BANKING AND INSURANCE PARTNERSHIP.

6

FRAGMENTED BANKING MILLENNIAL LIFESTYLE RENT VS. OWN

UNBUNDLING A BANK

The insurance industry will face massive decline 
 if new products and channels are not established 
 with the younger demographic.

13% 89%

• f homeowners have

contents insurance


(GenX and older)

• f renters have

contents insurance


(GenY and younger)

10

2007

2017

The amount of renters over the past decade has doubled.

ELECTRONICS HOLIDAYS GEAR

Luxury goods and experiences vs. homes and cars.

FESTIVALS BAGS BIKES

THE RISKS ARE DIFFERENT FROM PREVIOUS GENERATIONS.

13

AT HOME AT WORK ON HOLIDAY

14

SIMPLE USER EXPERIENCES WIN

15

DIGITAL PAYMENTS MODERN UX ENTIRELY MOBILE

Accident Occurs Claim settled File claim Get quote

16

Painful customer journey

• n phone

Customer wants to insure bike, laptop and camera Research

• ptions
• nline

Purchase blanket Policy

Yearly policy renewal

MEET TRŌV

Our application enables people to insure just the things they want, whenever they want, for whatever duration they need. Entirely from a smartphone.

18

Receipt for purchase is automatically forwarded Item is added to Trōv On-demand protection when you need it Accident Occurs Easy chatbot claim Quick resolution

Trōv customer journey

Protect just the things you want - exactly when you want

• entirely from your phone.

Prompt user to protect new item New item is purchased at POS

Trōv ‘s flagship on-demand
 insurance application

T R O V D I R E C T

Private labeled apps & web front ends for insurers (B to B to C)

T R Ō V P R I V A T E L A B E L

Services from the Trōv platform embedded in other apps

T R Ō V E M B E D D E D

TRŌV PRODUCT LINE

20

Flexible, on-demand insurance that contextually protects motorists.

• We are launching the future of automotive protection.
• The person is becoming the centre of the mobility

equation, rather than the mode of transport.

• A personalized cover that puts the customer In control

and adjusts to their changing needs. 
 All from their phone.

mobility

21

Travel insurance for people and their things on the go.


• Millennial’s are expected to grow to be the largest travel

market in coming years - but only account for ~13% of travel insurance sales.

• There is an opportunity to reinvent the experience and

provide a bespoke travel policy with Trov Travel.

• Manage your Travel policy, protect your items & claim

all through your mobile device.

• Plus how about receiving contextual rewards and

benefits on us? Go enjoy yourself.

travel

travel policy

Hi there! I’m your chatbot concierge and I’m here to help you customize a travel policy that’s just right for you… Which of the following travel benefits would you like?

travel policy

22

Passenger coverage for driverless & driver-present ride- hailing services.


• Ride-hailing services have changed dramatically in

recent years, and we’re here to make that experience even better. And safer.

• Annual, static insurance policies no longer make sense

for the majority who need choice & flexibility that come with the job.

• We have built an entirely new passenger-centric

insurance offering for autonomous and driver-present vehicles, calculated on a mile-by-mile basis. Protected at the swipe of a fingertip.

2017 Ridr for Google, others TBD

rider

TRŌV IS AN APP & PLATFORM

R E V E N U E S H A R E T R I G G E R I N S U R A B L E M O M E N T S

T R Ō V A P I

UX PLATFORM CAPABILITIES INSURANCE CHANNELS

TRŌV PARTNERS WITH UNDERWRITERS

N O R T H A M E R I C A E U R O P E A S I A - PA C I F I C

• UW partner takes balance

sheet risk

• Trōv is Appointed

Representative in AU and UK

• Trōv is MGA in USA
• Trōv and Insurance Partner

design Insurance product

• Fronting via UW partner


(or an affiliate)

LATAM 2018

2016 2016 2018 2017 2018

U/W TBD U/W TBD

THANKS FOR LISTENING

Mark Dowds co-founder and chief strategy officer, Trov

www.trov.com mark@trov.com @markdowds