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InsuraGuest Technologies Inc. (TSXV: ISGI) is a leading insurtech (insurance + technology) company leveraging its proprietary software platform to disrupt the insurance landscape by delivering
digital insurance products to multiple sectors. By harnessing the power of technology, InsuraGuest transformed the way insurance is delivered – it’s digital insurance reimagined, reinvented and revolutionized.
Approximately $16.5 billion has already been invested in insurtech in the past decade, and the pressure for change and innovation within the insurance market continues to increase the pace of investment. As the insurtech market continues seeing explosive growth, InsuraGuest Technologies is riding the wave of technological innovation within the digital insurance sector. While
InsuraGuest systems already target specific niche markets, the company continues to expand offerings to wider audiences to bring in additional revenue streams.
Investment Considerations:
- Through InsuraGuest Hospitality, the company is targeting hotels and vacation rentals, a multi-billion-dollar industry.
- InsuraGuest’s insurtech platform is integrated with 70 different property management systems worldwide.
- Its portfolio includes specialized hospitality liability coverages only offered through InsuraGuest.
- Small businesses make up 99% of America’s 28.7 million businesses.
- Entrepreneur and freelance markets, as targeted by the company’s InsureThePeople division, include 64.8 million people and will reach 90 million by 2028, with an estimated value of $1.8 billion.
- The average business owner policy generates $1,200 annually.
- InsuraGuest is providing digital business insurance solutions with flexible pricing in less than 60 seconds.
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