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InsuraGuest indicators vendor settlement with OwnerRez

Canada: Insurtech firm InsuraGuest Applied sciences, by way of its wholly owned US hospitality subsidiary InsuraGuest, has introduced that it…

By Staff , in Vacation Rentals , at August 21, 2021

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Canada: Insurtech firm InsuraGuest Applied sciences, by way of its wholly owned US hospitality subsidiary InsuraGuest, has introduced that it has signed a vendor settlement and built-in its insurance coverage platform API with reserving administration engine OwnerRez.

InsuraGuest will combine with OwnerRez property administration software program by way of its proprietary API, which can allow the latter’s customers to switch sure legal responsibility exposures to the InsuraGuest provider. By transferring sure liabilities to the InsuraGuest coverages, the coated short-term rental properties will have the ability to decrease their declare ratios and danger profiles, which can lower their umbrella legal responsibility coverage and / or their owners’ coverage premiums.

Customers of OwnerRez, together with skilled hosts and property administration firms, can now select to make use of the coverages by filling out an InsuraGuest software throughout the OwnerRez market. As soon as in use, the consumer will use InsuraGuest’s insurance coverage coverages for major no fault unintended medical and property claims made by company.

Ken Taylor, director of operations at OwnerRez, mentioned: “We’re excited to introduce our shoppers to InsuraGuest’s distinctive insurance coverage providing. Not like the opposite insurance coverage merchandise in the marketplace, InsuraGuest is insurance coverage that protects the property from claims made by their company on a major no-fault foundation and is on the market for a per-diem moderately than per-booking cost.”

Jennifer Epperson, VP of latest enterprise growth for InsuraGuest Trip Leases, mentioned: “It’s a pleasure to work with a trip rental chief like OwnerRez, and to offer their shoppers with the one major no-fault unintended medical protection coverage in the marketplace right now.”



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