- Digital technologies are reshaping as much as disrupting insurance marketplace
- Insurtechs are working with established carriers rather than competing
- Investment in insurtech industry exceeded $5.5 billion in 2019, one-quarter from big carriers
- InsuraGuest currently offers products in two insurance sectors: hospitality and small business
- Plans to leverage digital platform to offer services in other insurance sectors
InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) is one of a new breed of insurtech companies that are reshaping the insurance landscape. Like they have done in the financial-services sector “fintech,” digital technologies are being employed to improve the way products and services are delivered and much more.
InsuraGuest’s current products include Hospitality Liability coverages for hotels and the vacation rental market that offer protection for many risks not covered under the typical liability policy. The company also provides a Business Owner Policy (“BOP”) to serve the special needs of small business owners. Over time, ISGI also plans to offer the benefits of its…
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://nnw.fm/ISGI
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