InsuraGuest Technologies (TSX.V: ISGI), under its wholly owned U.S. subsidiary InsuraGuest Insurance Agency, LLC (the “Agency”), this morning announced the successful launch of its Agency/Broker Program. The program is designed to concentrate on agencies and brokers that write general liability policies specifically for hotels and vacation rental properties. InsuraGuest’s Insurtech platform is adept at integrating with roughly 71 different hotel and vacation rental property management systems, granting it access to millions of rooms worldwide. “We have already signed up a major broker in Salt Lake City, Utah, and, due to demand, we are expanding our marketing efforts to include agents/brokers who currently write hospitality business policies. We will work with those agents/brokers to insert our hospitality liability coverages into their clients’ properties, which will add a layer of protection for the hotels,” InsuraGuest president Charles J. Cayias stated in the news release. “In addition to the added coverages, our goal is to help reduce the hotels’ current premiums and loss ratios by becoming their first line of defense.”
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About InsuraGuest Technologies Inc.
InsuraGuest Technologies, Inc. (TSX.V: ISGI) is a world-leading SaaS (Software-as-a-Service) company that utilizes its proprietary insurtech (insurance + technology) flagship software, InsuraGuest, to deliver custom Hospitality Liability coverages through its wholly owned subsidiary, InsuraGuest Risk Purchasing Group, LLC. Through the combination of InsuraGuest’s integrated software and custom coverages, guests benefit from the property having InsuraGuest if there are losses during their stay. InsuraGuest coverages are purchased by the hotels and vacation rental properties, which can address claims from guests and their room occupants during their stay. The InsuraGuest Hospitality Liability coverages insert a layer of protection on a primary basis should a guest or their room occupants experience an accident and/or theft during their stay at a hotel or vacation rental property. For more information, visit the company’s website at www.InsuraGuest.com.
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