InsuraGuest Inc. Expands InsurTech Platform to Offer Specialized Guest Protection Insurance to EU and UK, Sets Sights on Asia for 2020

InsuraGuest’s Guest Protection Policy covers hotel and vacation rental guests against accidents and damage loss The European hotel market is twice the size of that of the U.S., with a valuation of $218 billion; the U.S. vacation rental sector is estimated at $100 billion InsuraGuest’s platform can integrate with 70 hotel and vacation rental property management systems and has the potential to access 40,000 properties worldwide

Service-as-a-software (SaaS) company InsuraGuest Inc. is working to expand the scope of its InsurTech platform and insurance products to cover European Union member states and the United Kingdom, according to a recent company press release. InsuraGuest has already signed a letter of intent with a licensed Master General Agent operating in these markets, which will allow the company to distribute its products and proprietary platform to the hotel and vacation rental markets in these regions.

The move is likely to bring multiple benefits and opportunity for increased revenue and future growth, as this is a very lucrative market almost twice larger than the U.S. market. According to…

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