InsuraGuest Technologies (TSX.V: ISGI) offers
innovative ideas and solutions to revolutionize outdated business models and
systems. A recent article discussing the company reads, “It took a while, but
insurtech is now giving fintech a run for its money. Slow off the starting
block, innovation in the insurance industry is currently outpacing digital
developments in banking, payments and other financial technologies. As a
result, traditional insurers are turning to companies, such as InsuraGuest
Technologies Inc. (TSX.V: ISGI), that offer cutting-edge ideas and solutions to
revamp antiquated business models and systems. Consequently, InsuraGuest plans
to increase its range of services to meet the growing demand for insurtech
solutions. Digitizing insurance services is widely expected to reduce operating
costs and increase customer satisfaction during the sign-up, renewal and claims
processes. . . . A recent report from industry analyst Grand View Research
paints a picture of potential for the fledgling insurtech industry. Valued at
just $1.5 billion in 2018, the market is forecast to cross $18 billion in 2025,
experiencing a CAGR of 43% from 2019 until then (http://ibn.fm/zTkcb). Spending by incumbent insurers has
caused investment in the insurtech sector to double that in the fintech sector,
growth of which is projected at 22% (http://ibn.fm/FfU87).”
To view the full article, visit http://ibn.fm/9ehp7
About InsuraGuest Technologies Inc.
InsuraGuest is a software company that utilizes its
proprietary insurtech (insurance + technology) platform to deliver digital
insurance to its customers. ISGI’s first product, InsuraGuest Hospitality,
delivers custom Hospitality Liability coverages to hotels and vacation rentals.
InsuraGuest coverages are purchased by hotels and vacation-rental properties,
which can address covered claims from their guests and room occupants during
their stays. For more information, visit 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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