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NetworkNewsBreaks – InsuraGuest Inc. Increases Reach to Include Europe through Landmark LOI

Company: InsuraGuest Inc.
Category: Stock Spotlights

InsuraGuest Inc., a SaaS (Software-as-a-Service) company, recently signed a letter of intent (“LOI”) that broadens its InsurTech platform and insurance products from the United States to Europe and the United Kingdom. An article discussing the company reads, “The coverage, unlike travelers insurance, is a specialized policy that provides a first line of defense for both the hotel or vacation-rental property and the travelers during their stays, with a potential of up to 40,000 different properties, and is purchased by the hotel property and then included with each guest’s folio charges for the stay. The policy provides coverage for theft of personal property, accidental medical expenses, and accidental death and dismemberment. . . . ‘We are excited to be expanding our distribution into Europe. The European market is more than twice the size of the U.S.,’ InsuraGuest chairman and CEO Douglas Anderson stated in a news release about the LOI (http://nnw.fm/2AMnf). ‘Last year there were 2.8 billion hotel nights stayed in Europe compared to 1.1 billion in the U.S. Additionally, $100 billion was spent on vacation rentals.’”

To view the full article, visit http://nnw.fm/4i5wS

About InsuraGuest, Inc.

InsuraGuest is a SaaS (Software-as-a-Service) company that has developed an InsurTech platform to deliver insurance product to end users in both the B2B and B2C marketplace. The company’s first focus is in the B2B hotel and resort, and vacation rental sectors, where its platform integrates with the property-management systems to help transfer exposure to liability by offering a specialized guest protection policy. Through the company’s InsuraGuest insurance program, guests benefit from potential accident and loss coverage during their stays. For more information, visit the company’s website at www.InsuraGuest.com.

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

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. 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.

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