InsuraGuest Technologies (TSX.V: ISGI), a leading U.S. insurance brokerage and consulting firm, has inked an agent producer agreement with InsuraGuest Inc., its own wholly-owned subsidiary, to provide InsuraGuest’s Hospitality Liability coverage through its network of approximately 7,500 professional brokers. InsuraGuest’s Hospitality Liability and tech platform allows hotel operators to move high-frequency medical guest and small property claims to lower general liability premiums, reduce risk and decrease premiums, thereby generating additional revenue. A significant amount of a hotel operator’s claims stem from small property or medical claims, which drives up premium prices. Through InsuraGuest, hotel operators can transfer the risk. “InsuraGuest continues to attract and execute exciting relationships with nationally recognized leaders in the insurance industry,” said InsuraGuest CEO and chairman Douglas Anderson in the press release. “Our sales and outreach program, paired with our expansive broker networks, allow us to expand our customer base and grow our brand recognition more quickly than our original growth models indicated. This growth avenue will not only increase sales dramatically and provide true nationwide coverage, but it will increase shareholder value as a result.”
To view the full press release, visit https://ibn.fm/29Uox
About InsuraGuest Technologies Inc.
Harnessing the power of technology to reinvent insurance.
InsuraGuest Technologies is an insurtech (insurance + technology) company that is disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors. The company is transforming the way insurance is delivered with the revolutionary idea that insurance should be bought, not sold. For more information, visit the company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://ibn.fm/ISGI
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