On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

InsuraGuest Technologies Inc. (TSX.V: ISGI) Continues to Expand Reach of Insurtech Product Offering Within Hospitality Sector

  • InsuraGuest will now offer its Hospitality Liability coverage to Hostfully’s more than 2500 clients.
  • Further penetration of the vacation rental industry provides the company with significant growth potential
  • The company has been and plans to continue diversifying product offerings through its insurtech software to specialist sectors

InsuraGuest Technologies (TSX.V: ISGI) continues to make progress toward the company’s mission to harness the power of technology to reinvent insurance. Through its wholly owned U.S. Hospitality subsidiary InsuraGuest, the company has gone live with end-to-end vacation rental property management software provider Hostfully. The company announced this partnership in at the end of July 2020 (http://nnw.fm/d0SNq).

According to the company, InsuraGuest Hospitality Liability coverages are now available for purchase by clients of Hostfully. After opting in to InsuraGuest within Hostfully, clients can use the Hospitality Liability coverages to address claims made by guests on a primary basis. InsuraGuest Hospitality provides coverage for accidental property damage, theft of the guest’s personal property while residing at the vacation rental property, as well as accidental medical expenses and accidental death and dismemberment.

Hostfully is a complete, end-to-end property management platform that helps vacation rental property managers increase bookings and boost revenues. By streamlining the workflow and simplifying daily operational needs of vacation rental businesses, Hostfully empowers property managers with an affordable and easy-to-use solution.

InsuraGuest Chairman and CEO Douglas Anderson said his company was excited about the partnership with Hostfully, who won the ‘Best All-Around Vacation Rental Software’ award from VRMB Keystone Awards in 2019. “We are excited to launch our Hospitality Liability coverages in the vacation rental sector through the Hostfully property management system, and to their 2,500 clients,” Anderson added.

The growth potential in the vacation rental sector is encouraging for InsuraGuest’s investors. With over $57 billion in rental revenue in 2019 and a growth rate of 6.9%, the industry continues its growth as more and more people each year take advantage of the variety of benefits vacations rentals offer (http://nnw.fm/7BD8o).

The partnership with Hostfully comes as InsuraGuest is taking active steps to diversify its insurance product offering across multiple sectors. In June, through its wholly owned U.S. subsidiary Insure The People, LLC (“ITP”), InsuraGuest announced the development of a new Business Owner Policy (“BOP”) insurtech portal, www.InsureThePeople.com. InsuraGuest expects to fully launch this new product offering to U.S. markets by the third quarter of 2020 (http://nnw.fm/BhJz8).

ITP will be powered by InsuraGuest’s insurtech platform, which will digitally deliver BOP policies to 130+ class codes, including retail, wholesale, mercantile, office and business service classes. The BOP products will be available in all 50 states as well as the District of Columbia, where InsuraGuest Insurance Agency is licensed to sell insurance.

The BOP products will be available to companies with sales of up to US$6 million per location, maximum occupancy of 35,000 square feet and a minimum annual premium of US$250. ITP will begin its BOP offering by including:

  • Property coverage for building and business property, business income and extra expenses.
  • Enhanced equipment breakdown (including micro-circuity).
  • General liability.
  • Employment practices liability.

Once launched, ITP expects to add coverages like Blanket Additional Insured, employee benefits liability, hired and non-owned auto, liquor liability, miscellaneous professional liability, scheduled property floater, cyber risk, workers’ comp, errors and omissions, and directors’ and officers’ coverages.

Commenting on the new product offering, Anderson underlined that it has the potential to provide the company with multiple avenues of revenue and greater shareholder value. “We are taking digital insurance and reimagining it, reinventing it, and revolutionizing it by harnessing the power of our insurtech platform to deliver that digital insurance to multiple sectors,” he added.

For more information, visit the company’s website at www.InsuraGuest.com.

NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://nnw.fm/ISGI 

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office

NetworkNewsWire is part of the InvestorBrandNetwork.


Select A Month

NetworkNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 212.418.1217