- Company expects to receive approval in the remaining 34 states by Q3 this year
- InsuraGuest’s API integrates with 71 different property management systems, giving it access to hotels and vacation rental properties worldwide
- Global vacation rental market is predicted to reach $63 billion in 5 years
- Number of vacation rental users globally is expected to soar to 361 million, at a 38 percent CAGR over the next five years
InsurTech company InsuraGuest Inc. announced the launch of InsuraGuest Insurance Agency LLC (IG Agency), its wholly owned subsidiary. IG Agency is registered and licensed to sell insurance in 16 states nationwide: Arizona, Arkansas, Colorado, Idaho, Indiana, Iowa, Louisiana, Maryland, Michigan, Montana, Nevada, Ohio, Pennsylvania, South Carolina, Utah and Virginia. It brings licensed insurance sales in-house to create shareholder value and increase InsuraGuest revenues.
IG Agency expects to receive approval for the remaining 34 states by Q3. This will allow the company to sell InsuraGuest’s specialized Guest Protection Policy in combination with the InsuraGuest InsurTech (insurance + technology) platform to hotels and…
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