Scott Walchek, founder of Trov, is the embodiment of an entrepreneur; a bold risk taker who has a fervent desire to transform a complicated industry, even if he is an outsider. Supplied
It took me three months, several meetings, a doctor’s evaluation and lots of paperwork to sort out my life insurance. My car, house, travel and health insurance were easier but nonetheless still complicated and they all felt like grudge payments. And at the end of the day, I’m still not quite sure what or how I am covered. The insurance company feels in control, not me. For my generation that orders food, does their banking and even finds love on their smartphones all within a matter of minutes, traditional insurance just doesn’t make sense or feel good. According to a World Insurance Report, only 36 per cent of Generation Y reported a positive experience with their insurer through a traditional channel in 2015. But Scott Walchek, founder of Trov, wants to change that.