InsuraGuest Technologies Inc. Announces Launch of InsuraGuest Risk Purchasing Group, LLC
March 18 2020 - 7:30AM
via NetworkWire -- InsuraGuest Technologies Inc. (the “Company”)
(TSX- V: ISGI) is pleased to announce the launch of its new
division, InsuraGuest Risk Purchasing Group, LLC (InsuraGuest
RPG).
InsuraGuest RPG, has received its certificate of
approval from the State of Nevada Division of Insurance, which
allows the Company’s group of unassociated businesses, hotels and
vacation rentals with similar risk profiles to take advantage of a
joint insurance purchase.
“We are combining insurance and technology to build
a world-class insurtech (insurance + technology) company, thus
creating long-term value for our shareholders,” States Douglas
Anderson, chairman and CEO of InsuraGuest. “The InsuraGuest RPG
enables us to offer our clients the liability coverage they need to
protect their property.”
InsuraGuest Insurance Agency, LLC (a wholly owned
subsidiary of Company) will administer the InsuraGuest RPG for
hotels and vacation rentals: License – UT: 736373
InsuraGuest Technologies Inc.
InsuraGuest Technologies (TSX-V: ISGI) is a SaaS
(Software-as-a-Service) company utilizing its proprietary
flagship insurtech (insurance + technology) software platform,
InsuraGuest, to integrate with hotel and vacation
rental property management systems. This integration enables
the delivery of a specialized Hospitality Liability policy, which
is provided by the Company’s wholly owned subsidiary, InsuraGuest
Risk Purchasing Group, LLC., to its members. Through the
insurtech platform and the Hospitality Liability policy
combination, member properties of the InsuraGuest Risk Purchasing
Group, LLC. and their guests are protected and benefit from the
potential accident and loss coverage during their stay on property.
The specialized Hospitality Liability policy was created
specifically for InsuraGuest Risk Purchasing Group, LLC.
and is the first line of defense for its member properties.
For more information, visit the company’s website
at https://www.InsuraGuest.com/
Forward-Looking Statements
Information set forth in this news release contains
forward-looking statements that are based on assumptions as of the
date of this news release. These statements reflect management’s
current estimates, beliefs, intentions and expectations. They are
not guarantees of future performance. The Company cautions that all
forward-looking statements are inherently uncertain, and that
actual performance may be affected by a number of material factors,
many of which are beyond the Company’s Except as required under
applicable securities legislation, the Company undertakes no
obligation to publicly update or revise forward-looking
information.
NEITHER TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Company Contact:Investor Relations
+1-212-466-6200 ext. 1Investor@InsuraGuest.com
Corporate Communications:
NetworkWire (NW) New York, New York www.NetworkNewsWire.com
212.418.1217 Office Editor@NetworkWire.com
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