InvestorNewsBreaks – InsuraGuest Technologies Inc. (TSXV: ISGI) (OTCQB: ISGIF) Poised as Insurtech Disrupts the Insurance Industry

February 10, 2021 14:55:54

InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) is positioned as technology has become a key factor and is generating significant changes in the insurance industry. The combination of insurance and technology (insurtech) is disrupting the insurance industry in its entirety, delivering better processes, efficiencies and customer experiences and new cost-saving solutions. A leader in the insurtech sector, InsuraGuest continues to expand its already impressive reach into multiple insurance markets. A recent article discussing this reads, “The company’s first target is the hospitality sector with intent to dominate what looks to be an incredibly lucrative segment. InsuraGuest Technologies’ latest landmark is the announcement that it has gone live on a vendor partnership with Guesty, the world’s leading end-to-end short-term rental property management software. InsuraGuest will integrate with the Guesty property management software through its proprietary API, which will enable Guesty’s 60k U.S. property managers to transfer certain liability exposures to the InsuraGuest carrier. By transferring certain liabilities to the InsuraGuest Hospitality Liability coverages, for a small fee of $11.95 per night (which is passed on to the guest), the covered short-term rental properties can lower their claim ratios and risk profiles, which may decrease their general liability and/or homeowners’ premiums.”

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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.

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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