Business
InsuraGuest Announces a Strategic Alliance with SUITELIFE
VANCOUVER, BC / ACCESSWIRE / September 21, 2021 / InsuraGuest Technologies, Inc.® (TS...
About this update from Insuraguest Technologies Inc
[{"type":"text","content":"InsuraGuest Announces a Strategic Alliance with SUITELIFEVANCOUVER, BC / ACCESSWIRE / September 21, 2021 / InsuraGuest Technologies, Inc.® (TSXV:ISGI)(OTCQB:ISGIF) (\"InsuraGuest\" or the \"Company\"), through its wholly owned U.S. hospitality subsidiary InsuraGuest® announces it has signed a strategic alliance contract with SUITELIFE Underwriting Mangers, a division of the Ryan Specialty Group family and a part of RSG Underwriting Managers, LLC, the managing general underwriting specialty of Ryan Specialty Group.SUITELIFE works with top-rated insurance companies, specialty claims administrators and offers strategic loss prevention relationships to help retail agents and brokers better control their client's exposure to risk. The SUITELIFE program is customized for each type of hotel or resort, combining comprehensive coverage, responsive underwriting, exceptional service, risk management tools and competitive premiums, available exclusively through independent insurance agents and brokers.Under SUITELIFE, starting in October, insured organizations are eligible to become a Preferred Customer of InsuraGuest.Charles Cayias, President of InsuraGuest Insurance Agency, stated, \"We are expanding our platform and creating new relationships. Our alliance with SUITELIFE not only give us the credibility we need in the hotel sector, but it also gives us access to the 700 plus hotel customers in SUITELIFE's portfolio.\"Property Management System IntegrationInsuraGuest integrates with hotel property management software through its proprietary API, which will enable hotel users to transfer certain liability exposures to the InsuraGuest carrier. By transferring certain liabilities to the InsuraGuest Hospitality Liability coverages, the covered short-term rental policy can lower the hotels claim ratios and risk profiles, which may decrease their umbrella liability policy and/or their GL policy.Hotel OperatorsThe hotel entity automatically attaches the InsuraGuest coverage to each reservation, which activates at check-in and de-activates it upon check-out. The complete fee for coverage and software is $4.95 per night.About InsuraGuest Technologies Inc.Harnessing the Power of Technology to Reinvent InsuranceInsuraGuest Technologies (TSXV:ISGI) is an insurtech (insurance + technology) company that is disrupting the insurance landscape b...