InsuraGuest Technologies Inc. (TSX.V: ISGI) Subsidiary Anticipates Approval to Sell Insurance in All 50 States by June
InsuraGuest Insurance Agency LLC, a wholly-owned subsidiary of insurtech software company InsuraGuest Technologies (TSX.V: ISGI), is currently registered and licensed to sell accident and health, casualty, life and property insurance in 48 out of the 50 U.S. states and Washington, D.C. (http://nnw.fm/De6FC). A recent article discussing the company reads, “The Agency has applied and expects to be approved to sell insurance in the remaining two states of Massachusetts and New York within the next 30 days. . . . Insurance is one of the oldest and most traditional industries. Over the past few years, insurtech software company InsuraGuest Technologies have begun to encroach on major players’ territory by providing an insurtech software platform, which can deliver digital insurance to multiple sectors. Insurtech, in particular, has seen a sharp increase in funding, with approximately $16.5 billion invested in the sector over the past 10 years. The pace of investment is on the rise (http://nnw.fm/ZQz2n), with $2.2 billion raised in the first half of 2019 alone (http://nnw.fm/J1Fzz).”
To view the full article, visit http://nnw.fm/0YjyA
About InsuraGuest Technologies Inc.
InsuraGuest Technologies is a software company that utilizes its proprietary insurtech (insurance + technology) platform to deliver digital insurance to its customers. Its first product, InsuraGuest, delivers custom Hospitality Liability coverages to hotels and vacation rentals. InsuraGuest coverages are purchased by the hotels and vacation rental properties, which can address covered claims from guests and their room occupants during their stay. For more information, visit the company’s website at www.InsuraGuest.com.
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