Scott Walchek, CEO and founder of Trōv will launch in Australia before the US and the UK for 3 reasons: A solid launch partner, 1 regulatory authority vs. 51 (in the US) and Aussies are tech savvy!
“We are seeing the largest consumer block growing up, 92 million millennials who are just coming into their inquisitive lives, who are just coming into their careers and buying things, with the least amount of protection and the least influence from brands in financial services but who really need these services,” Walchek continued. “Like everyone else in the world has needed insurance, it is part of the normal financial life of healthy consumers and so there is this great need on the consumer side that is not being met by insurance.