InsuraGuest Technologies Inc. (TSX.V: ISGI) Seeks to Cement Position with Comprehensive Hospitality Liability Coverages

(NetworkNewsWire via Comtex)

  • InsuraGuest's Hospitality Liability coverages protect a wide range of issues, from theft and damage of personal property to accidental medical expenses and accidental death and dismemberment
  • Vacation rental revenue stood at $57,669 billion in 2019 with market growth rate of 6.9%
  • InsuraGuest's API integrates with 71 different property management systems

These are tough times for the travel and hospitality industry, with a dramatic drop in number of tourists and service interruptions worldwide as a result of the ongoing pandemic. As only companies with strong prospects and unique product offerings are likely to survive this crisis, InsuraGuest Technologies Inc. (TSX.V: ISGI) is intent on augmenting its market prospects in 2020 and beyond by providing a proprietary insurtech software platform that delivers specialized hospitality liability coverages to hotel and vacation rentals.

The specialized policy was designed to serve as the first line of defense for the property which responds to claims from guests and their room occupants, was specifically created to fill the gap that traditional traveler's insurance misses, as this type of insurance does not cover a number of things that can happen inside hotels or...

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