InsuraGuest Announces a Strategic Relationship With Venture Insurance Programs - Insurance News | InsuranceNewsNet

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July 9, 2019 Newswires
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InsuraGuest Announces a Strategic Relationship With Venture Insurance Programs

Computers, Networks & Communications Daily

2019 JUL 09 (NewsRx) -- By a News Reporter-Staff News Editor at Computers, Networks & Communications Daily Daily -- InsuraGuest, Inc.®, announced a strategic relationship with Venture Insurance Programs® , in the United States, to provide hotels with specialized insurance coverage for guests who are staying in the hotel utilizing InsuraGuest’s proprietary InsurTech software.

InsuraGuest’s API integrates with approximately 70 different hotel property management systems, with access to about 40,000 hotels worldwide. Upon integration, the InsuraGuest software helps hotels transfer their exposure to liability by offering specialized hotel guest protection policies.

The InsuraGuest coverage will be purchased by the hotel and offered to each registered guest and all of their room occupants upon check-in. A charge is placed on the guest’s folio as a separate line item and paid for by the guest. The specialized policy affords coverage for theft of personal property while in the hotel as well as accidental medical expense and accidental death and dismemberment.

“InsuraGuest is unlike any other InsurTech product on the market, offering protection for guests from the moment the guest checks in to the moment they check out,” said Douglas Anderson, chairman and chief executive officer of InsuraGuest, Inc. “We can’t wait to share our unique software integration and product offering with the lodging marketplace.”

“We are very excited for this InsuraGuest coverage to be available to hoteliers,” said Philip J. Harvey, Sr., Venture Insurance Programs’ president. “InsuraGuest may be the first line of defense for both the guest and the hotel when an accident occurs. While trip insurance covers guests when traveling to and from their destination, InsuraGuest offers protection during their stay, helping hotels create an even better guest experience.”

(Our reports deliver fact-based news of research and discoveries from around the world.)

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