InsuraGuest today announced the launch of its wholly owned subsidiary, InsuraGuest Insurance Agency, LLC (“IG Agency”). According to the update, IG Agency brings licensed insurance sales in-house to increase InsuraGuest revenues and create shareholder value. IG Agency is registered and licensed to sell insurance in 16 U.S. states and, by Q3, expects to receive approval for the remaining 34 states. This will allow the company to sell InsuraGuest’s specialized Guest Protection Policy in combination with the InsuraGuest InsurTech platform to hotels and vacation rental sectors nationwide. “We continue to build our InsurTech platform and product offerings to service our customers and build shareholder value,” InsuraGuest CEO and Chairman Douglas Anderson said in the news release.
To view the full press release, visit http://ibn.fm/AZRxz
About InsuraGuest, Inc.
InsuraGuest, Inc. is a SaaS (Software-as-a-Service) company utilizing its proprietary flagship InsurTech software platform to provide specialized insurance products to end users in the business-to-business (B2B) and business-to-consumer (B2C) markets. The company’s first focus is on the B2B hotels and vacation rentals sectors, where its API integrates with the clients’ property management systems to offer guests a specialized guest protection policy. The platform and policy combination “InsurTech” product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage during their stay. For more information, visit the company’s website at www.InsuraGuest.com.
NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://ibn.fm/InsuraGuest
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