INSURAGUEST TECH INC - ISGIF STOCK NEWS

InsuraGuest Technologies, Inc. (TSX-V:ISGI) has announced a strategic alliance with SUITELIFE Underwriting Managers, enhancing its hospitality services. This partnership opens access to over 700 hotel and resort clients, translating to over 100,000 rooms and 22 million nights annually. InsuraGuest's technology integrates with hotel management systems, allowing automatic coverage activation for guests. The coverage fee is $4.95 per night. While the alliance offers growth potential, the company faces significant competition and challenges in market acceptance.

InsuraGuest Technologies (TSXV:ISGI, OTCQB:ISGIF) has launched its insurance products on Lightmaker Property Manager (LMPM), a leading property management system for vacation rentals. Users can now purchase InsuraGuest's Hospitality Liability coverage directly through LMPM's marketplace. This integration allows for immediate protection against guest-related claims, including property damage and medical expenses, activated upon check-in. The coverage fee can be as low as $8.95 per night, enhancing InsuraGuest's market offering as it continues to innovate within the insurtech space.

InsuraGuest Technologies has partnered with Centred to offer travel insurance through Centred's online platform. U.S. consumers can purchase InsuraGuest travel insurance via Centred-Wellness.com, covering their full travel journey. This collaboration will benefit Centred's 57 million members globally, providing marketing fees for InsuraGuest. The companies aim to enhance consumer confidence in travel, which is vital for industry recovery. This partnership aligns with InsuraGuest's strategy to leverage technology in the insurance sector.

InsuraGuest Technologies has launched a new travel insurance platform, ISGTravel.com, designed for both business and commercial travelers. This state-of-the-art platform, powered by InsuraGuest's insurtech technology, delivers various insurance policies digitally across all 50 states and the District of Columbia. The offerings include trip cancellation, medical evacuation, and enhanced coverages like 'Cancel for Any Reason.' However, the company faces significant competition and market acceptance challenges, with no guarantee of success for the new product.

InsuraGuest Technologies (TSXV:ISGI, OTCQB:ISGIF) has launched a new interactive website aimed at enhancing user experience for vacation rental property management systems and hotels. This redesign facilitates API integration and highlights the company's insurtech digital insurance technology. President Reed Wright emphasized the company's commitment to innovate within the travel industry. The website aims to strengthen the brand's presence among shareholders.

InsuraGuest Technologies, Inc. (TSXV:ISGI)(OTCQB:ISGIF) has enhanced its vacation rental insurance by increasing Property Damage coverage to $25,000 per reservation, responding to customer demand for more protection. This change allows customers to choose from coverage levels of $1,000, $10,000, and $25,000. The insurance operates on a no-fault primary basis, activating coverage at check-in and deactivating it at check-out, ensuring comprehensive protection for both guests and properties.

InsuraGuest Technologies (TSXV:ISGI)(OTCQB:ISGIF) announced a strategic alliance with SUITELIFE Underwriting Managers, effective October. This collaboration aims to offer tailored insurance solutions to over 700 hotels within SUITELIFE's portfolio, enhancing InsuraGuest's credibility in the hospitality sector. The integration of InsuraGuest’s proprietary API into hotel management systems will facilitate automatic coverage activation for short-term rentals, potentially lowering insurers' claim ratios. The complete fee for this coverage is $4.95 per night.

InsuraGuest Technologies has signed a significant vendor agreement with iGMS, a leading vacation rental software provider. This partnership allows users of iGMS, which manages over 127,000 listings, to access InsuraGuest's insurance coverages seamlessly. InsuraGuest's products automatically attach to each reservation, providing no-fault primary insurance for guests' medical claims and property damage. This collaboration aims to enhance operational efficiency for vacation rental managers and improve coverage for guests.

InsuraGuest Technologies, Inc. (TSXV: ISGI, OTCQB: ISGIF) announced a vendor agreement with LMPM, a leading property management system for vacation rentals. This partnership will allow InsuraGuest's insurance products to be integrated with LMPM’s API, enabling vacation rental hosts and property management companies to offer InsuraGuest coverage automatically. The vacation rental sector saw a 89% growth last year, prompting InsuraGuest to expand its connections with various property management systems to enhance its market presence and service offerings.