InsuraGuest Technologies (TSXV: ISGI), through its wholly owned U.S. subsidiary InsuraGuest Inc. (“ISG”), today announced that it has expanded the reach of its insurtech platform to fully integrate with 82 different property management systems through the company’s proprietary API. According to the update, the move enables the respective properties to transfer certain liability exposures from their facilities to the InsuraGuest Hospitality Liability policies. Small property or medical claims make up a considerable portion that are frequently applied to the general liability policy, driving up premium prices. The InsuraGuest solution transfers hotel or vacation rental operators’ risks by having guests pay a nominal fee per night. InsuraGuest then pays out these small claims, avoiding impact to the operator’s general liability policy. “Increasing our platform integration to 82 different property management systems gives us the ability to connect with over 90% of the systems in use today, systems which are used by Hilton, Marriott, Hyatt, Wyndham and Airbnb,” said Douglas Anderson, chairman and CEO of InsuraGuest Technologies Inc.
To view the full press release, visit https://ibn.fm/SGXoP
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. It 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
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.