- Integration of Hostfully property-management platform, InsuraGuest API completed
- InsuraGuest books record monthly revenues in July
- Development of new insurtech business-owner policy portal continues
- Capital restructuring reduces debt, interest expense
Innovative insurtech leader InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) appears set to bolster its presence in the vacation-rental market. The company has completed the integration of the end-to-end, property-management platform operated by Hostfully Inc. with InsuraGuest’s Application Programming Interface (“API”) (http://nnw.fm/Jb7g1). The partnership allows Hostfully clients to access InsuraGuest’s hospitality products, a development that should boost revenues, already trending upwards. In July, the company’s hospitality division had its best revenue month ever despite the downturn in the sector due to the pandemic (http://nnw.fm/9fpvF). InsuraGuest’s Hospitality Liability Policy is a supplemental insurance product for hotels, vacation-rental operators and similar establishments, which is enjoying increasing adoption.
Work on the new InsurTech Business Owner Policy (“BOP”) portal continues…
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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