Welcome to our dedicated page for Insuraguest Tech news (Ticker: ISGIF), a resource for investors and traders seeking the latest updates and insights on Insuraguest Tech stock.
InsuraGuest Technologies (ISGIF) is a leading insurtech innovator providing digital insurance solutions for hospitality, vacation rentals, and event sectors. This page serves as the definitive source for official company announcements, strategic updates, and industry developments.
Investors and industry professionals will find curated press releases detailing new product launches, technology partnerships, and market expansion initiatives. Our repository includes updates on risk management innovations, regulatory milestones, and operational advancements within the specialty insurance space.
All content is rigorously verified to ensure accuracy and relevance for stakeholders. Bookmark this page to stay informed about ISGIF's progress in transforming insurance through proprietary platforms, AI-driven underwriting tools, and customer-centric coverage models.
InsuraGuest Technologies (OTCQB: ISGIF) has reported strong financial improvements for the nine months ended March 31, 2025. The company achieved a 15% year-over-year increase in gross margin dollars, supported by a $47,476 revenue increase and gross margin percentage improvement from 61% to 65.8%. The growth was attributed to vacation rental property expansion and nine months of revenue from a new customer.
The insurtech company significantly reduced its comprehensive loss by 54%, from $379,720 to $174,731, through strategic cost management. President Reed Wright highlighted the company's growing recognition in vacation rental, hotel, and events sectors as they progress toward profitability.
InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) has announced its participation in the Short-Term Rental Forum at Grand Hyatt Deer Valley Resort in Park City, Utah, on July 21-22, 2025. The event will gather over 350 industry leaders, including rental owners, operators, technology providers, and investors.
The company will showcase its innovative platform that addresses guest damages and accidental medical injuries in the short-term rental sector. InsuraGuest's solution allows operators to waive security deposits while ensuring coverage for furniture, household items, appliances, and guest injuries during rental periods. The platform aims to streamline operations and reduce financial risk for operators while making bookings more convenient for guests.
InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) reported strong financial results for the six months ended December 31, 2024, with a 21% year-over-year revenue increase to $491,204 and a 44% gross margin improvement to $328,513.
The company's growth was driven by the expansion of vacation rental properties and a full six-month revenue contribution from their newest customer. Improved cost management helped reduce the comprehensive loss from $382,049 to $122,810. The company continues to strengthen its position in the vacation rental, hotel, and events sectors through its insurtech solutions.
InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) has launched a new luxury insurance coverage solution within its Hospitality Liability product suite. The new offering is specifically designed to protect high-value items in luxury vacation rentals from accidental damage or theft by guests.
The development comes in response to direct feedback from property owners in the high-end segment seeking enhanced protection for valuable assets. This addition expands InsuraGuest's technology stack, which already includes specialized Hospitality Liability and Sports & Events Activity insurance.
According to President Reed Wright, this strategic move aims to support the company's long-term profitability goals while driving growth in covered properties and ski ticket sales. The premium coverage solution is designed to provide property owners and operators with confidence in offering luxury vacation rentals and hotel stays.
InsuraGuest Technologies reported a 68% year-over-year rise in revenues from its short-term rental guest programs for the nine months ending March 31, 2024.
They successfully closed a rights offering, raising CAD $813,111, and settled $606,564 of accounts payable with common shares. The company also signed a new agreement with Lake Lawn Resort, expecting revenue generation from June onwards.
InsuraGuest continues to expand its coverage products for vacation rentals, hotels, and events, strengthening its position as an industry leader.
InsuraGuest Technologies, Inc. closed its Rights Offering with 65,048,925 rights exercised, generating approximately $813,111 in gross proceeds. Douglas Anderson, the guarantor, received a warrant to purchase 311,209 common shares. Mr. Anderson now holds a total of 52,852,605 common shares, representing 31% of the total outstanding shares. The company is revolutionizing insurance delivery through its proprietary software platform.
InsuraGuest Technologies announces a new alliance with SIA Group to provide Hospitality Liability coverage to hotel clients. This partnership aims to transfer small property and medical claims to reduce risk and lower insurance premiums. Hotel operators can charge guests a nominal fee of $4.95 per night for coverage, generating additional revenue. InsuraGuest's solution integrates with around 82 property management systems, enhancing claims management. This strategic move is intended to expand InsuraGuest’s reach among SIA's 500+ hospitality customers.
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