Trov Inc., a financial-technology startup aiming to bring on-demand services to property-casualty insurance, says it raised $45 million to expand to markets such as the U.S. and Japan. New entrants targeting the insurance sector are in vogue among technology investors. Global venture-capital investment into these lucrative but sometimes lumbering firms totaled $1.19 billion last year, roughly double what it was in 2015, according to...

Source: Wall Street Journal April 06, 2017 13:07 UTC