InsuraGuest Approved to Sell Insurance in New York State, Now Licensed in All 50 States
10 Juin 2020 - 2:00PM
via NetworkWire – InsuraGuest Technologies, Inc.® (TSX-V:
ISGI) (OTC: IGSTF) (the “Company”) today announces that its wholly
owned subsidiary, InsuraGuest Insurance Agency, LLC (“IG Agency”),
has been approved to sell insurance in the state of New York,
giving IG Agency licensure to now sell insurance in all 50 states
as well as Washington, D.C.
With this new approval, IG Agency can sell InsuraGuest’s
specialized Hospitality Liability coverages, in combination with
the InsuraGuest InsurTech platform, to hotels and vacation rental
companies nationwide.
“We are very excited to now offer our products and services
throughout the United States in its entirety,” said InsuraGuest CEO
and Chairman Douglas Anderson. “We continue to expand and develop
our product offerings to service our customers and build
shareholder value, and the ability to provide true nationwide
coverage marks a proud milestone for InsuraGuest.”
InsuraGuest’s API integrates with approximately 71 different
property management systems, enabling the Company to access hotels
and vacation rental properties worldwide.
InsuraGuest Technologies, Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF) is an
insurtech (insurance + technology) company that’s disrupting the
insurance landscape by utilizing its proprietary software platform
to deliver digital insurance to multiple sectors. We’re
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.
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. There is
no assurance that this new business product offering or other
planned products will be successful, the Insurance industry is
intensely competitive and the Company’s competitors have
significantly more resources than the company, acceptance by
potential customers is difficult to predict particularly in the
case of new products and disruptive technologies if the company
fails to achieve market acceptance it will significantly impact its
results and financial resources. Achieving market acceptance may
require advertising budgets that exceed the Company’s current
resources and require the Company to seek additional debt or equity
financing. There is no assurance that such financing will be
available at reasonable prices or at all.
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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