InsuraGuest Partners With Venture Insurance Programs
InsuraGuest, announced a strategic relationship with Venture Insurance Programs in the US to provide hotels with specialized insurance coverage for guests who are staying in the hotel.
InsuraGuest’s API integrates with ~70 different hotel property management systems, with access to about 40k 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.
With InsuraGuest, hotels purchase a policy to cover each registered guest including their room occupants, up to the policy limits of $2,500 to $50,000, through the hotel. Specifically, an InsuraGuest policy will cover:
- Guest personal property
- Accidental medical expenses
- Accidental death and dismemberment
Venture Insurance Programs will administer the InsuraGuest product for hotels in all 50 states and the District of Columbia on an admitted basis through Great American Insurance Group.
“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. We can’t wait to share our unique software integration and product offering with the lodging marketplace.” – Chairman & CEO of InsuraGuest, Douglas Anderson.
“We are very excited for this InsuraGuest coverage to be available to hoteliers. 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.” – Venture Insurance Programs’ President Philip J. Harvey, Sr.
