IT News Online – InsuraGuest signs supplier agreement with OwnerRez
VANCOUVER, BC / ACCESSWIRE / Aug 19, 2021 / InsuraGuest Technologies, Inc.® (TSXV: ISGI) (OTCQB: ISGIF) (“InsuraGuest” or the “Company”), through its wholly owned US subsidiary InsuraGuest®, is pleased to announce that it has signed a Supplier Agreement and integrated it’s Insurance Platform API with OwnerRez, whose mission is to provide fast and easy booking services that help their clients manage their vacation rentals.
InsuraGuest covers can now be purchased by OwnerRez users, including business hosts and property management companies, all of whom can choose to use InsuraGuest covers by completing an InsuraGuest application in the OwnerRez Marketplace. Once used, the customer will use InsuraGuest’s insurance coverages for primary accidental medical and real estate no-fault claims made by guests.
“We are delighted to present InsuraGuest’s unique insurance offering to our clients,” said Ken Taylor, OwnerRez Director of Operations, “Unlike other insurance products on the market, InsuraGuest is insurance that protects ownership of claims made by their guests on a no-fault basis and is available for a per diem rather than a per booking fee. “
Jennifer Epperson, Vice President of New Business Development for InsuraGuest Vacation Rentals, said: “It is a pleasure to work with a vacation rental leader as OwnerRez and provide clients with the only policy of coverage. medical accidental fault in the market today. . “
Integration of the property management system
InsuraGuest will integrate with OwnerRez property management software through its proprietary API, which will allow OwnerRez users to transfer certain liability exposures to the InsuraGuest carrier. By shifting certain responsibilities to InsuraGuest coverages, covered short-term rental properties may reduce their loss rates and risk profiles, which may decrease their liability policy and / or home insurance policy premiums.
Short-term rental operators
The short-term rental entity automatically attaches InsuraGuest coverage to each booking, which turns coverage on on arrival and off on departure. The full charge for coverage and software is $ 11.95 per night.
OwnerRez is a comprehensive booking management engine, built by people who have their own vacation rentals. It integrates with channels such as Vrbo, AirBnb, and Booking.com to seamlessly sync availability, rates, rules, and listing content while taking online reservations, handling inquiries, and communicating with customers. OwnerRez provides modern and fast websites, guest orders with electronically signed rental agreements, and can process payments directly, including automatically scheduled future payments. All emails sent to the guest are editable, and you can schedule your own emails to automatically output. OwnerRez also offers travel insurance and damage protection insurance, as well as integration with QuickBooks, property management / owner statements, and other powerful features. Manage numerous properties, automate your communication and get detailed statistics and reports without the need to hire staff.
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 attach its main short term rental insurance products for damage accidental and material vacation rental 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 in the case of 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.
THE SOURCE: InsuraGuest Technologies, Inc.
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