IT News Online – InsuraGuest partners with Tokeet
A vacation rental management software company
VANCOUVER, BC / ACCESSWIRE / December 7, 2021 / InsuraGuest Technologies, Inc.® (TSXV: ISGI) (OTCQB: ISGIF) (“InsuraGuest” or the “Company”), through its wholly-owned US hotel subsidiary InsuraGuest®, announces the signing of a partnership agreement and an alliance strategic with Tokeet, Inc. (Tokeet) publisher of vacation rental management software.
InsuraGuest Hospitality Liability Supplemental Coverages, which include the only true no-fault primary medical coverage in the short-term rental industry, will soon be available for purchase by Tokeet users, including their customers. 40,000 professional hosts and property management companies, who created more 100 million nights spent last year, and is one of the major providers of Airbnb.
Once used, Hosts will use InsuraGuest’s additional insurance coverage prior to making a claim on their current Owner / Business Tenant policy, within the limits of the policy.
“Tokeet is proud to be one of the most integrated rental management platforms in the market. We have built an ecosystem of the best partners in this industry. Therefore, we are delighted to announce our new partnership with InsuraGuest.” said Kwesi Steele, CEO of Tokeet. “InsuraGuest’s supplemental insurance products, particularly their no-fault primary medical coverage, will protect our hosts against claims from their guests. Protection that could reduce their overall premiums on their current insurance policy. “
Reed Write, President of InsuraGuest Technologies, said, “Tokeet is one of the oldest and largest vacation rental management software companies in the industry today, with an online travel agency that includes Airbnb , VRBO and Booking.com. Our alliance with them will not only help InsuraGuest protect more vacation rental nights, guests and hosts, but it will also create tremendous shareholder value. “
Short-term rental operators
The short-term rental entity automatically attaches InsuraGuest coverage to every booking, which turns coverage on on arrival and off on departure.
Tokeet is a software company focused on the short-term rental market. Tokeet’s mission is to empower anyone to start, manage and grow a successful short term rental management business. Toket aims to provide the tools necessary to start and grow a rental business, while making it profitable for property managers of all skill levels.
About InsuraGuest Technologies Inc.
Harnessing the power of technology to reinvent insurance
InsuraGuest Technologies (TSX.V: ISGI) is an insurance company (insurance + technology) that is disrupting the insurance landscape by using its proprietary software platform to automatically link its short-term rental insurance products to the rentals of vacation and hotel reservations.
CA / LIC: 6001686
For more information, visit the company’s website at: www.InsuraGuest.com
The information contained in this press release contains forward-looking statements based on assumptions as of the date of this press release. These statements reflect the current estimates, beliefs, intentions and expectations of management. There can be no assurance that this new commercial product offering or other planned products will be successful. The insurance industry is extremely competitive and the Company’s competitors have many more resources than the Company. Acceptance by potential customers is difficult to predict, especially with new products and disruptive technologies. If the Company fails to be accepted by the market, this will have a significant impact on 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 can be no assurance that such financing will be available at reasonable prices or not at all.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICES PROVIDER (AS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.
Company details :
InsuraGuest Technologies, Inc.
+1 646 413 9401
SOURCE: InsuraGuest Technologies Inc.
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