Trivora is a managing general agent that uses AI-driven underwriting to deliver bindable insurance quotes to brokers in minutes. The platform integrates with existing broker workflows, providing a five-minute response time for businesses under $100M in revenue with no prior claims. Trivora currently focuses on cyber insurance, with plans to expand into additional product lines.
Funding
Funding not disclosed
Founders
Product
Problem
Brokers often face slow, opaque, and manual insurance quoting processes that require navigating multiple systems and waiting days for responses. This inefficiency delays coverage for insureds and consumes valuable time that brokers could spend on client relationships and business growth.
Solution
Trivora is a managing general agent that leverages advanced AI and adaptive intelligence to streamline the insurance underwriting and quoting process. The platform works behind the scenes to deliver precise, bindable quotes in minutes, integrating seamlessly with a broker's existing workflow without requiring new systems. By blending insurance, regulatory, and compliance expertise with technology, Trivora enhances decision-making and efficiency, allowing brokers to focus on presenting the best terms and coverage to their clients. The company's technology adapts in real time to shifting risks, ensuring solutions evolve alongside industry challenges.
Target Audience
Primary customers are insurance brokers who need fast, accurate, and bindable quotes for their clients, particularly small to mid-sized businesses seeking cyber insurance coverage.
Features
- AI-powered underwriting engine that provides quotes in as fast as five minutes for businesses under $100M in revenue with no prior claims
- Seamless integration with existing broker workflows, requiring no new systems or significant process changes
- Real-time submission tracking and instantaneous feedback on whether a risk fits the company's appetite
- Technology-driven claims process that uses advanced automation for fast, fair, and seamless resolutions
- Future-forward coverage solutions with competitive pricing, currently focused on cyber insurance with plans for expansion
- Backed by resilient carrier and reinsurance partners for financial security and trust