Insurance Canopy, a national provider of small business and vendor insurance, has announced a new partnership with FirstService Residential to offer streamlined event insurance options for residents and on-site vendors in managed communities. The collaboration aims to remove common bottlenecks in securing coverage for events and vendor activities, providing a single online portal for communities to manage their insurance needs.
Through this program, residents and management teams can access policies tailored to their specific event requirements, with coverage options that scale to the size and nature of each gathering. On-site vendors, such as food truck operators or entertainers, can also purchase short-term liability policies that meet community insurance requirements without excessive paperwork or delays.
“Property managers can often end up acting as the go-between for residents, vendors, and insurers,” said Daryle Stafford, CEO of Insurance Canopy. “This program gives residents and associates at FirstService Residential communities access to a single place to find the right coverage and handle it quickly.”
The partnership addresses a common pain point for residential communities: event insurance requirements that vary by event type and vendor. Traditionally, securing coverage involved multiple phone calls, emails, and lengthy applications. Now, the online process skips agents and paperwork, allowing communities to obtain necessary insurance in a fraction of the time.
Andrew Lester, President of FS Insurance Brokers, an affiliate of FirstService Residential, highlighted the importance of this streamlined approach. “Events bring people together, and our teams bring thousands to life each year, enhancing the resident experience across the communities we manage,” he said. “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.”
FS Insurance Brokers formed the partnership after observing that many homeowners’ associations and residential communities were already using Insurance Canopy individually. By expanding this access through an enterprise program, the quoting process becomes more efficient, and the time to purchase coverage is significantly reduced.
Insurance Canopy, established in 2016, offers customized liability insurance for solopreneurs and mobile businesses across various industries. The company combines a traditional brokerage, an in-house agency, and a digital provider, enabling rapid, personalized quotes and consumer-direct policies through an intuitive online platform. This partnership extends its services to the residential community sector, aligning with its mission to help small businesses and vendors secure essential protection.
FirstService Residential, a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), manages residential communities across the United States and Canada. Its hospitality-minded teams focus on enhancing property value and resident satisfaction through tailored services, including lifestyle programming and 24/7 customer care. The partnership with Insurance Canopy is expected to further support these efforts by easing the administrative burden of event planning.
For more information about the event coverage options for FirstService Residential communities, visit https://partners.insurancecanopy.com/firstservice.
