InsuraGuest, through its proprietary InsurTech software
platform, empowers both hotels and vacation rental properties a way to provide
protection for their guests. An article discussing the company reads, “People
who plan to travel overseas or go on vacation are often encouraged to buy
travel insurance to provide some protection from illness or accidents that may
occur while traveling or visiting another country, but these policies may
exclude or may be limited for accidents that happen at a vacation rental
property or hotel. Even when traveling within a country, a person may find that
their travelers’ policy does not cover what they thought it did, which puts
them at risk for additional expenses. . . . InsuraGuest recognized that there
is a gap in traditional insurance policies, and thus the company created a
system to provide coverage that could be missing. It provides protection, up to
policy limits, against accidents that can happen to guests while on the
premises of a hotel or vacation rental property. Accidents can include damage
to property as well as medical mishaps that could put the guest in the position
of needing to seek urgent medical attention — which may include having to go to
a hospital. The property owners themselves may have insurance, the guest may have
their own medical insurance or umbrella policy, but often these policies do not
cover fault of the guest or a third-party claim.”
To view the full article, visit http://ibn.fm/Ul7FB
About InsuraGuest Inc.
InsuraGuest is a SaaS (Software-as-a-Service) company
utilizing its proprietary flagship InsurTech software platform to provide
specialized insurance products to end users in the business-to-business (B2B)
and business-to-consumer (B2C) markets. The company’s first focus is on the B2B
hotels and vacation-rentals sectors, integrating its API with clients’
property-management systems to offer guests a specialized guest-protection
policy. The platform-and-policy combination InsurTech product helps transfer
the exposure to liability away from the client/property while 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://ibn.fm/InsuraGuest
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