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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