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Travelers’ Traverse App Gets Enhanced Image Recognition Tech

By John F. Heerdink, Jr.

Dow 30 component, The Travelers Companies, Inc. (TRV) has enhanced the purchase ability of its online personal insurance product, Traverse with a mobile app and image recognition technology. The updated feature will allow buyers to insure the product they want to purchase by just clicking an image of the item they wish to cover. The whole process can be completed online. Consumers are free to select the coverage they want and determine the limits that work best for their situation. Traverse coverage options include a range of items, including laptops, mobile phones, musical instruments, and jewelry, as well as personal liability. The app also offers a rewards program for referrals along with chances to earn points that can be redeemed as gift cards.

“Insuring your belongings is now as easy as taking a selfie. By providing the ability to upload an image during the quoting process, we are simplifying the steps for purchasing an insurance policy and allowing customers to protect their belongings more quickly than ever before.” stated Beth Maerz, Senior Vice President of Customer Experience and Innovation at Travelers.

The app was developed in partnership with Pineapple, an insurtech startup located at Hartford, Connecticut. 

Dow 30 component, The Travelers Companies, Inc. (TRV) is an insurance provider of property-casualty insurance for home, auto, and business. To learn more about The Travelers Companies, Inc. (TRV) and to continue to track its progress please visit the Vista Partners Travelers Companies, Inc. Coverage Page. 

 

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Travelers Enhances Traverse App With Image Recognition Technology in Business Wire)


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