InsuraGuest Technologies, Inc.® (TSXV:ISGI) ("InsuraGuest" or the "Company"), through its wholly-owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC®, announces initial results from the product launch of InsuraGuest's new sports activities insurance coverage announced in the December 13, 2021 press release. From the beginning of this year's 2021-22 winter ski, snowboard, and tubing season, InsuraGuest has sold the digitally embedded insurance coverage to in excess of 200,000 participants. The Company's sports and event activities products are being marketed as ISG Active (www.ISGActive.com).
ISG Active's product offerings provide digitally embedded, daily event participant insurance coverage for winter and summer events targeting ski, snowboard, tubing, organized youth leagues, golf, and other participant activities for online ticket purchases. Next month InsuraGuest will begin selling digitally delivered advanced 2022-23 winter sports prepaid season pass insurance coverage. Additionally, the Company will begin selling its summer event embedded digital insurance coverage through online ticket sales beginning at the end of this ski season.
Reed Wright, President of InsuraGuest, stated, "InsuraGuest is pleased to see the acceptance of this new revolutionary digitally embedded insurance product in the marketplace and the higher than forecasted purchase rates for the Company's upgraded coverage. InsuraGuest looks forward to achieving the same success starting next month with the season pass insurance product for the 2022-23 ski season."
About InsuraGuest Technologies Inc.
Harnessing the Power of Technology to Reinvent Insurance
InsuraGuest Technologies (TSX.V:ISGI) is an insurtech (insurance + technology) company that is disrupting the insurance landscape by utilizing its proprietary software platform to automatically attach its short-term insurance products to vacation rental and hotel reservations, and now sports activities.
CA / LIC: 6001686
For more information, visit the company's website at: www.InsuraGuest.com
For more information on ISG Active, visit our website at: www.ISGActive.com