Munich Re invests in Trov

clock • 1 min read

Insurtech Trov has received $45 million in a Series D funding round led by Munich Re / HSB Ventures and Sompo Holdings.

  Trov is an on-demand insurance platform enabling people to protect the things they want, such as gadgets, entirely from their smartphone. In addition to the investment, Munich Re is expanding its strategic alliance to include underwriting for Trov throughout Europe, Asia and South Africa.   Additionally, Sompo is investing in the financing round and partnering with Trov to offer its on-demand insurance exclusively throughout Japan. Trov has launched in the UK and Australia and the latest funding round means it has secured over $85 million raised since launch. A spokesperson...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Sandwich generations face a financial planning gap: Vitality

Sandwich generations face a financial planning gap: Vitality

Finances stretched between generations

Jaskeet Briah
clock 03 August 2026 • 2 min read
The COVER Review: Social care, private health and Consumer Duty

The COVER Review: Social care, private health and Consumer Duty

Week commencing 27 July 2026

COVER
clock 31 July 2026 • 1 min read
Funeral costs up 3.3% since the start of 2026

Funeral costs up 3.3% since the start of 2026

Average costs rise by £151

Jaskeet Briah
clock 27 July 2026 • 2 min read