Thursday, February 20, 2020

QualityStocksNewsBreaks – InsuraGuest Inc. Capitalizes on Growing Vacation Rental Market


Utah-based InsuraGuest is taking advantage of the booming vacation-rental market. According to a recent report, vacation rentals are projected to match hotel bookings by the end of 2020 (http://ibn.fm/HkaIs). An article discussing the company reads, “Growth in the industry has been phenomenal, clipping along at a rapid CAGR of 6.9%. If that rate of expansion continues, vacation-rental revenues, estimated to be $57.7 billion for 2019, will climb to $86 billion by the end of 2025. . . . Naturally, with close to 300 million people traversing the globe, accidents will happen. But property owners are covered when they purchase InsuraGuest, which, in turn, offers the policy to registered guests for an additional nightly fee. The specialized policy affords coverage for theft of personal property while in the hotel, accidental in-room property damage, as well as accidental medical expense and accidental death and dismemberment, with policy limits ranging from $2,500 to $50,000.”

To view the full article, visit http://ibn.fm/4N5W0

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, where its API integrates with the 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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

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