InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) recently announced that its hospitality division recorded the highest month of revenue since its inception (http://nnw.fm/27sa5). With a mission to harness technology to reinvent insurance, InsuraGuest Hospitality’s interface integrates with approximately 70 different hotel property management systems, providing coverage for accidental property damage, personal property theft, accidental medical expenses and accidental death and dismemberment for insured guests. The model is gaining ground even amid the current challenging environment. A recent article discussing this quotes InsuraGuest CEO and Chairman, Douglas Anderson, who stated, “Despite the COVID-19 pandemic, we are seeing an increase in hotel stays during July and, as a result, our hospitality division is having its best revenue month since we opened our doors. Our hotel members are creating safer environments for their guest’s visits, and they are seeing first-hand the value InsuraGuest brings by inserting our Hospitality Liability coverages as a layer of protection when a guest experiences an accident or theft. This allows the hotel to lower their risk ratio, lower their claim ratio and remove their Med-Pay, thus helping them save money on their current General Liability policy.”
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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.
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