Insurance Canopy and Marketspread Partnership Streamlines Event Insurance for Small Businesses

Insurance Canopy, a provider specializing in small business and vendor insurance, has formed a strategic partnership with Marketspread, a major online platform for booking and managing vendor and exhibitor events. This collaboration enables Marketspread users across nine industries to access quick, affordable event-based liability insurance through Insurance Canopy's integrated system, eliminating the need for traditional insurance agents.

The integration offers significant advantages for small business owners, including online policy purchases without agent interaction, quotes generated in 8-10 minutes, instant proof of insurance downloads, and competitively priced coverage tailored to niche vendor categories. These categories encompass artisans, farmers' market vendors, food vendors, entertainers, photographers, and liquor vendors, among others. Insurance options are seamlessly incorporated into Marketspread's event registration process, simplifying onboarding for vendors.

Daryle Stafford, CEO of Insurance Canopy, emphasized the partnership's alignment with the company's mission to serve overlooked niche industries. "We've built our reputation on creating insurance solutions for niche industries that are often overlooked by traditional providers," Stafford stated. "Our collaboration with Marketspread is about bringing that same level of precision and affordability to the vendors and exhibitors who are the backbone of local events, festivals, and markets across the country."

Daniel Westervelt, Co-Founder at Marketspread, highlighted the importance of addressing insurance gaps for event vendors. "Our goal has always been to make life easier for event organizers and vendors, and insurance is a big piece that is often overlooked, or underserved," Westervelt said. "Insurance Canopy is a natural partner for us because of their focus on niche markets and their ability to deliver affordable coverage quickly online."

Insurance Canopy offers over 200 unique policy types, including coverage for event vendors, fitness instructors, beauty professionals, and ecommerce sellers. The partnership with Marketspread, accessible via their event management platform, underscores Insurance Canopy's commitment to providing digital access to specialized policies, empowering small businesses to operate with comprehensive protection. This initiative reflects a growing trend toward integrated financial services within industry-specific platforms, reducing barriers for entrepreneurs in underserved markets.