Travelers Acquires Trōv Technology Assets

February 23, 2022

The Travelers Companies, Inc. acquired the technology assets of insurtech Trōv, with most of Trōv's team joining Travelers. The technology and team will be integrated into Travelers' Personal Insurance segment to accelerate digital and embedded insurance capabilities; terms were not disclosed.

Buyers
The Travelers Companies, Inc.
Targets
Trōv
Sellers
Trōv
Industry
Software
Location
California, United States
Transaction Type
Divestiture

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