Insurance Canopy, a national leader in small business and vendor insurance solutions, has announced an expanded partnership with FirstService Residential, a property management giant, to offer streamlined event insurance for residential communities. The program provides residents, management teams, and outside vendors with a centralized portal to secure coverage for on-site events and activities, potentially reducing the administrative burden that often accompanies event planning.
This collaboration addresses a common pain point in property management: the complex and time-consuming process of obtaining insurance for community events. Property managers frequently act as intermediaries between residents, vendors, and insurers, juggling varying coverage requirements that can delay event approvals. The new portal directs users to insurance options tailored to their specific event needs, whether small gatherings or larger functions, and allows on-site vendors to purchase short-term policies that meet community requirements.
Daryle Stafford, CEO of Insurance Canopy, highlighted the practical benefits: “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.” By eliminating agents and lengthy paperwork, the online process speeds up insurance acquisition, allowing events to proceed without unnecessary delays.
Andrew Lester, President of FS Insurance Brokers, an affiliate of FirstService Residential, emphasized the impact on community life: “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 partnership was formed after FirstService Residential observed steady demand from homeowners’ associations and residential communities already using Insurance Canopy individually. By expanding access through an enterprise program, the quoting process is streamlined, and the time to purchase coverage is shortened. This move is expected to benefit a wide range of stakeholders, from HOA boards to event organizers and vendors, by simplifying a crucial aspect of event planning.
Insurance Canopy will continue to support residential communities with online purchasing tools and direct assistance, ensuring that insurance does not become a roadblock to community engagement. For more information about the program, visit https://partners.insurancecanopy.com/firstservice.
