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 polices 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.”
To view the full news release, visit http://ibn.fm/K5pKF
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.
NOTE TO INVESTORS: The latest news and updates
relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI
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