Trov helps people avoid underinsurance by tracking the value of the things they own

SAN FRANCISCO–(BUSINESS WIRE)–April 16, 2015–

Suncorp, Australia’s leading insurer, has partnered with Trov, a US technology company that helps people organize, value and protect the things they own via their mobile device.

The Trov mobile app automatically organizes information about the things people are buying, including receipts and market values, and stores it securely in the cloud. Trov users can then quickly access details about their things when they need them – which is particularly important in the event of an insurance claim. After less than a year since launch, over $3.5 Billion worth of items have been added to Trovs globally with over $13 Million worth of new items being added daily.

“With Suncorp, we’ve partnered with one of the world’s most innovative companies,” said Scott Walchek, Founder & CEO of Trov. “Together, we’re breaking new ground, paving the way for an entirely new way to insure using a mobile device.”

In the first phase of the partnership, Trov users in Australia can easily connect to specially trained Suncorp Insurance representatives directly from their Trov to discuss insurance options for their things.

Suncorp Insurance Executive General Manager, Customer Product and Pricing, Lisa Harrison said approximately one third of people in Queensland, Australia either don’t have sufficient contents insurance, or are unsure if they are adequately covered*.

“Trov will give people the knowledge necessary to make informed decisions when it comes to selecting the appropriate level of cover to protect the things they value the most. Because it is so easy to use, provides up-to-date valuations and a direct link to Suncorp Insurance, Queenslanders will be in a better position than ever before to ensure they have sufficient cover for all that they have,” concluded Ms. Harrison.

Trov is currently available for free on iPhone and Android in the US and Australia. Click here to download.

About Trov

Trov helps people do more with the things they own by connecting them to information and insights about their things. With Trov, people can easily reference receipts and other important information, track the market value of their things and connect to opportunities to insure. Powered by unique technology and integrations with world leading databases, Trov makes collecting information about purchases easy and automatic. All the information in a Trov is owned by the user, kept securely in the cloud and is privately accessible on a mobile device.

Trov is privately funded and headquartered in the San Francisco Bay Area. For more information, visit trov.com and follow Trov on Twitter @mytrov.

About Suncorp Insurance

As Queensland’s largest, and longest serving insurer, Suncorp Insurance is the must-have Queensland home, motor and CTP insurer for Queenslanders. We pride ourselves on being there for Queensland communities and lead the industry by example in our response to weather-related events and technology advancements.

Suncorp Insurance is part of the Suncorp Group, a top 20 ASX-listed company and one of Australia’s leading general insurers by Gross Written Premium (GWP). For more information, visit www.suncorp.com.au

For hi-res images, including logos and screenshots visit trov.com/media

*Newspoll Market & Social Research conducted an independent national internet survey on behalf of Suncorp Insurance of 3127 people, 18 years of age and older, in Australia in 2013, 604 of which were interviewed in Queensland. Data was collected in line with ISO 20252 – Market, Social and Opinion Research and weighted with current ABS population demographics.

Trov
Jeff Berezny, 925-394-6010
VP Marketing & Communications
jeffb@trov.com
twitter: @jeffberezny