InsuraGuest Technologies (TSX.V: ISGI) (OTCQB: ISGIF), a leading U.S. insurance brokerage and consulting firm, has expanded its Hospitality Liability coverages to include accidental medical incidents occurring anywhere on a hotel’s premises; ISGI is making this expansion move through its wholly owned U.S. subsidiary InsuraGuest Inc. (“ISG”). The company’s coverage now includes incidents in a guest’s own room as well as incidents that occur anywhere else on the hotel property, including the pool, hotel gym and parking lot. A significant amount of a hospitality operator’s claims fall in the small-property and medical-claims categories, which are typically covered under a general liability policy; the sheer number of claims can drive up premium prices. When guests pay the nominal fee for InsuraGuest’s Hospitality Liability, that coverage is transferred to ISGI, which pays out for these small claims, eliminating the impact to the hotel or vacation rental operator’s general liability policy. “This expansion of our Hospitality Liability coverage to include hotel protection for guest accidents on hotel premises further advances InsuraGuest’s mission to help hotels significantly lower their risks and reduce claims made to their GL policies,” said InsuraGuest Technologies chairman and CEO Douglas Anderson in the press release.
To view the full press release, visit https://nnw.fm/Lry9M
About InsuraGuest Technologies Inc.
Harnessing the power of technology to reinvent insurance. InsuraGuest Technologies is an insurtech (insurance + technology) company that is disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. The company is transforming the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold. For more information, visit the company’s website at www.InsuraGuest.com.
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