Insurance Canopy, a national leader in small business and vendor insurance solutions, has announced an expanded partnership with FirstService Residential that will simplify how residential communities handle insurance coverage for events and vendor activities. The new program provides residents, management teams, and outside vendors with a streamlined online portal to access event insurance policies tailored to their specific needs.
The partnership addresses a common pain point for property managers who often find themselves acting as intermediaries between residents, vendors, and insurers. By offering a single, user-friendly platform, the program eliminates the need for agents and lengthy paperwork, allowing communities to secure coverage quickly and efficiently. This is particularly valuable for communities that host numerous events throughout the year, as insurance requirements can vary significantly depending on the type and size of the gathering.
Daryle Stafford, CEO of Insurance Canopy, highlighted the operational benefits of the collaboration: “Property managers can often end up acting as the go-between for residents, vendors, and insurers. This program gives residents and associates at FirstService Residential communities access to a single place to find the right coverage and handle it quickly.”
Andrew Lester, President of FS Insurance Brokers, an affiliate of FirstService Residential, echoed this sentiment, noting that insurance requirements can become a bottleneck for communities. “Events bring people together, and our teams bring thousands to life each year, enhancing the resident experience across the communities we manage. Insurance requirements for events can easily turn into a bottleneck for residents and management teams. Partnering with Insurance Canopy gives our communities a practical option that fits how events are organized and implemented on-site.”
The initiative was driven by steady demand from homeowners’ associations and residential communities that were already using Insurance Canopy individually. By formalizing the partnership through an enterprise program, FirstService communities can now benefit from a streamlined quoting process and faster purchase times. This integration is designed to keep event planning moving without insurance becoming a roadblock.
The partnership underscores the growing importance of digital solutions in the insurance industry, particularly for niche markets like event coverage. By leveraging online tools and direct support, Insurance Canopy is helping to reduce friction for community managers and vendors alike. The program is available to all FirstService Residential managed communities, offering a practical solution that aligns with how events are organized and executed on-site.
For more information about how Insurance Canopy supports event coverage for FirstService Residential communities, visit partners.insurancecanopy.com/firstservice.
