- Launch of InsurTech Portal to Offer Business Owner Liability Protection
- The Insure the People Portal to Provide Coverage to Over 130 Class Codes
- Coverage for Building & Business Property and Business Income
- General Liability Occurrence Limits: US$300,000, US$500,000, US$1 million and US$2 million
- Employment Practices Liability
With the launch of its business owner policy (“BOP”) portal, InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF) is extending its general liability coverage to a vital sector of the U.S. economy: small businesses. Through the site—InsureThePeople.com—small business owners and operators of a wide range of enterprises, from public accountants to commodity merchants to bars and pubs, will be able to purchase insurance protection, underwritten by Crum & Forster, for a variety of special needs. The BOP comes at a crucial time. Risks for small business owners have increased dramatically in recent times. The BOP expands InsuraGuest’s product menu. The company already offers a Hospitality Liability Policy to hotels and the vacation rental markets. With this new offering, InsuraGuest is now part and parcel of the insurtech ecosystem. Like a number of pioneering companies before it, InsuraGuest is set to disrupt the staid insurance sector. The company is changing the way insurance coverage is delivered to realize its conviction that insurance should be bought, not sold.
The Insure the People website incorporates many of the beneficial features of InsuraGuest’s insurtech platform. Through it, business owners from a wide range of retail, wholesale, mercantile, office and business service establishments will have access to a range of policies best fitted to their needs. The insurance industry categorizes business enterprises by…
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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