InsurTech Magazine July 2021 | Page 109

02 Scott Walchek
TOP 10

02 Scott Walchek

Founder and CEO of Trov
Technology advocate and expert investor , Scott Walchek has raised over $ 130mn from every kind of capital source . He ' s started four successful tech startups and is now transforming the global insurance industry with Trōv , the technology-enabled brokerage that combines software with tailored insurance products to solve the complex risk management issues facing companies in emerging mobility and gig work . Trov was initially launched as a consumer app introducing on-demand insurance for over 30,000 individual items , available in the US , Australia , and the UK .
Walchek told InsurTech Digital , “ Soon , it will be hard to conceive of a time when automation wasn ’ t being used to inform and safeguard insurance providers and policyholders . As a sector built upon number crunching and risk analysis , insurers need to embrace and accept that automation is their holy grail .” insurtechdigital . com 109