NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Secures Utah Department of Insurance Approval of RPG Application
Jun 8, 2020
InsuraGuest Technologies (TSX.V: ISGI) today announced that the Utah Department of Insurance has found the Company’s wholly owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC (“RPG”) to be in compliance with the requirements set forth in section 31A-15-201 of the Utah Code (the Risk Retention Groups Act). As of the acceptance date of June 4, 2020, RPG is registered and authorized to do business in Utah, with the Utah Insurance Department. “This is the last piece of the puzzle we needed to complete our Master Policy for our RPG’s Hospitality Liability coverages,” Douglas Anderson, chairman and CEO of InsuraGuest, stated in the news release. “Having the Master Policy allows our RPG to issue certificates directly to our members, streamlining the process that would otherwise require the issuance of individual polices through our underwriter. It also gives us the power to complete our integration with vacation rental property management system Hostfully, which we expect to finish and launch in the very near future.”
To view the full press release, visit http://nnw.fm/fT2GB
About InsuraGuest Technologies Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies (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. It is 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.
NOTE TO INVESTORS: The latest news and updates relating to ISGI are available in the company’s newsroom at http://nnw.fm/ISGI
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