- 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
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