InsuraGuest Technologies (TSX.V: ISGI) (formerly, Manado Gold Corp.) on Wednesday announced that it has closed the arrangement agreement dated January 14, 2019 with InsuraGuest, Inc. According to the update, the closing of the arrangement constitutes a change of business of the company, with it transitioning from the Mining Sector to the Technology Sector. Under the Arrangement, the company changed its name from Manado Gold Corp. to InsuraGuest Technologies Inc., as well as its TSX.V symbol from MDO to ISGI. In addition, the company consolidated its common shares on the basis of one post-consolidated common share for every two pre-consolidation common shares.
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About InsuraGuest Technologies Inc.
InsuraGuest is a SaaS (Software-as-a-Service) company utilizing its proprietary flagship InsurTech software platform to provide specialized insurance products to end users in the business-to-business (B2B) and business-to-consumer (B2C) markets. The company’s first focus is on the B2B hotels and vacation-rentals sectors, where its API integrates with the clients’ property-management systems to offer guests a specialized guest-protection policy. The platform and policy combination InsurTech product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage during their stays. For more information, visit the company’s website at www.InsuraGuest.com.
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