- Subsidiary InsuraGuest Insurance Agency, LLC, is now licensed to offer surplus lines of casualty and property insurance in the state of Utah
- This licensing allows for more markets and additional products to be sold, which generates additional revenue and caters to InsuraGuest’s expansion goals in the insurance marketplace
- Company now offers its products and services throughout the United States in their entirety
- Surplus lines insurance market is expected to reach $125.9 billion by 2027
InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF), a leader in the insurtech industry, now offers its insurance services and products nationwide and has gained access to more markets and revenue streams after being approved as a resident surplus lines producer, receiving a license to offer surplus lines casualty and surplus lines property insurance in the state of Utah.
In a November 5, 2020 press release announcing the pivotal moment, InsuraGuest said the license was granted to its wholly owned subsidiary InsuraGuest Insurance Agency, LLC (IG Agency). As a result, IG Agency can now sell other non-admitted insurance products, as well as be listed as official producer for InsuraGuest’s Hospitality Liability Master Policy on…
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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