- The company continues to diversify product offerings to specialist sectors through its insurtech software
- Insurtech investments have grown steadily over the last decade, increasing pressure for change and innovation in the market
- InsuraGuest’s hospitality division recorded the most profitable month since inception despite challenges to the hospitality industry resulting from the global pandemic
- The company expects to launch a new Business Owner Policy insurtech portal by third quarter of 2020
- Further penetration of the vacation rental industry, which booked revenue of $57 million in 2019 and boasts a growth rate of 6.9%, provides InsuraGuest with tremendous growth potential
Insurtech company InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) continues to disrupt the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. The company aims to transform the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold.
Approximately $16.5 billion has been invested in insurtech over the past decade, and the pressure for change and innovation in the insurance market continues to increase the pace of investment…
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://nnw.fm/ISGI
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.