InsuraGuest Inc. Sees New Landscape of Opportunity as Vacation Rental Market Booms

The global vacation rental market is projected to reach nearly $63 billion from 2020 to 2024, with a year-over-year growth rate for 2020 estimated at 5.51% InsuraGuest’s proprietary InsurTech software platform empowers the B2B hotels and vacation rentals sectors to offer guests a specialized guest-protection policy The InsurTech product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage

Family vacations, solo adventures and business travel are a trillion-dollar business with one thing in common – the potential for accident or loss can occur, even though few people consider the possibility and may not have adequate, or any, traveler’s insurance. Service-as-a-software (SaaS) company InsuraGuest Inc.’s proprietary flagship InsurTech software platform delivers a specialized insurance policy that acts as the first line of defense for clients, properties and guests in an industry that impacts millions of people daily around the globe.

Nearly 100 million Americans are expected to embark on family vacations this year, according to a recent AAA Travel survey…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://nnw.fm/InsuraGuest

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

More Press Releases

Draghi stepped in during euro's darkest hour

Dec 16, 2019

FRANKFURT, Germany — Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank's arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in 2010-2012 and create millions of jobs in the 19-country monetary union. Yet the closing days of his term have hardly been a victory lap. His departure is accompanied by an unusually public dispute among ECB board members over stimulus policies he pushed...

Lebanese president vows reforms as protests engulf country

Dec 16, 2019

BEIRUT — Lebanon's President Michel Aoun has told tens of thousands of protesters that an economic reform package put forth by the country's prime minister will be the "first step" toward saving Lebanon from economic collapse. Aoun spoke in an address to the nation on Thursday, pledging to exert every effort to implement radical reform but also saying that change can only come from within state institutions. He says freedom of transportation must be respected, urging demonstrators to remove roadblocks. The comments were his first since protests over corruption and mismanagement erupted around the country a week ago. Aoun said...

Lebanon's government scrambles to respond to mass protests

Dec 16, 2019

BEIRUT — Protesters closed major roads around Lebanon ahead of an emergency Cabinet meeting on Monday, as politicians scrambled to put together a rescue plan for the country's crumbling economy and stem five days of mass anti-government protests. Demonstrators placed barriers across major intersections in Beirut as well as other cities and towns across the country. Schools, universities, banks and government institutions remain shuttered as the country is gripped by the largest protests since the so-called Cedar Revolution in 2005. Hundreds of thousands participated in Sunday's marches in downtown Beirut, in what has turned into a widening revolt against the...

Schumer calls for federal probe of contaminated baby food

Dec 16, 2019

NEW YORK — The Senate's top Democrat is calling on the Food and Drug Administration to examine a report that found dozens of baby food products contaminated with lead and other metals. Sen. Chuck Schumer says Sunday the FDA must take more action to regulate the baby food industry. A study by Healthy Babies Bright Futures found the presence of heavy metals in 95% of the 168 baby foods that were tested. The study found 95% of the food tested contained lead, arsenic, mercury or cadmium. It found one in four baby foods that were tested contained all four metals....

Asian stocks gain after US, China announce truce on tariffs

Dec 16, 2019

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

Subscribe to our newsletter!

Your Name

Your Email Address