InsuraGuest Technologies (TSX.V: ISGI), a leading U.S. insurance brokerage and consulting firm, has finalized an agreement with USI Insurance Services (“USI”), a leading U.S. insurance brokerage and consulting firm. The agreement between USI and InsuraGuest Inc., a wholly owned subsidiary of ISGI, allows USI to provide InsuraGuest’s Hospitality Liability coverage to its network of more than 7,500 professional brokers. The exclusive coverage allows hotel operators to transfer small-property and medical-guest claims to lower general-liability premiums and generate additional revenue. To obtain ISGI’s coverage, guests pay a nominal fee, and then InsuraGuest handles, resolves and pays out small claims, relieving hotel operators of that burden. “InsuraGuest continues to attract and execute exciting relationships with nationally recognized leaders in the insurance industry,” said InsuraGuest CEO and chairman Douglas Anderson in the press release. “Our sales and outreach program, paired with our expansive broker networks, allow us to expand our customer base and grow our brand recognition more quickly than our original growth models indicated. This growth avenue will not only increase sales dramatically and provide true nationwide coverage, but it will increase shareholder value as a result.”
To view the full press release, visit https://ibn.fm/ftjo8
About InsuraGuest Technologies Inc.
Harnessing the power of technology to reinvent insurance.
InsuraGuest Technologies is an insurtech (insurance + technology) company that is disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. The company is transforming the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold. 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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