- InsuraGuest raises limit on Hospitality Liability Policy to $5 million
- Company plans to increase verticals served as demand for insurtech solutions increases
- Insurtech sector set to grow at CAGR of 43% to 2025
The announcement by InsuraGuest Technologies Inc. (TSX.V: ISGI) that it has raised the aggregate policy limit for the property and casualty section of its Hospitality Liability coverage is good news for hotel owners and vacation rental proprietors as well as their guests. InsuraGuest is carving out a vertical in the burgeoning insurtech space. Its Hospitality Liability insurance is just one way the company is contributing to the rapid rise of the digital insurance technology revolution.
Presently, many commercial general liability policies leave both owners and guests exposed to unexpected mishaps and misadventures. In addition, purchasing insurance may be the last thing on the minds of travelers and vacationers rushed to get everything one for their upcoming trips. However, offered through its wholly…
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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