Insurers offer discount to Trōv customers

Data partner Trōv has secured discounts for its customers with ACE, AIG, Fireman’s Fund, Hiscox UK and PURE.

The insurers will offer discounts to customers who have a Trōv account to manage information about their property and possessions.  Trōv’s technology provides information about the value of insured property and helps insurers reduce risk and better protect clients’ possessions.

Trōv founder and chief executive Scott Walcheck said: “This is a turning point for insurance carriers, for whom active management of valuables and contents is now a reality. Trōv exposes changes to the values of insured items, and connects insurers to policyholders’ acquisitive lives to ensure tangible assets are always accounted for and – with accurate insurance-to-value – always protected.”

ACE Private Risk Services chairman Bob Courtemanche said: “The bottom line for ACE and its clients is – with more information about their valuables, clients can make better decisions about how to insure them. We can use real-time valuations to help our clients maintain the right amount of coverage and also decide what items should have the added protection of a valuables policy.

“This could be a key differentiator for ACE and for the individuals who depend upon us to protect their most valued possessions.”

Trōv has also partnered with Hub International, Lockton and Willis to promote its services.