Our licensed insurance brokerage, FS Insurance Brokers, leverages the size of our property portfolio, historical claims and loss data, and our property managers’ certification in risk management to negotiate policies that result in lower annual premiums with better terms and coverage limits.
In addition to tracking your renewal policy expirations and submitting bid quotes, our in-house Insurance Department will ensure that certificates of insurance are processed and sent to your lenders and invoices are paid in a timely manner to avoid lapses in coverage. Our in-house Claims Administrator will coordinate the reporting and filing of any insurance claims on behalf of your building or board.
FS Insurance Brokers offers our clients a comprehensive program – from strategic planning and analysis and program design, to alternative risk financing, loss control, and claims management. As a result, we can lower a property’s overall cost of risk.
FS Insurance Brokers has co-brokered over 3,200 placements for our clients, saving them over $5.5 million in annual insurance premiums.
Click below for a preview of the webinar.
In addition to tracking your renewal policy expirations and submitting bid quotes, our in-house Insurance Department will ensure that certificates of insurance are processed and sent to your lenders and invoices are paid in a timely manner to avoid lapses in coverage. Our in-house Claims Administrator will coordinate the reporting and filing of any insurance claims on behalf of your building or board.
FS Insurance Brokers offers our clients a comprehensive program – from strategic planning and analysis and program design, to alternative risk financing, loss control, and claims management. As a result, we can lower a property’s overall cost of risk.
Key program features include:
- Green upgrade coverage, premium financing, free boiler and machinery inspections, and optional guaranteed replacement cost coverage
- Access to exclusive umbrella liability options that provide additional limits in excess of the building’s general liability and your board’s Directors & Officers liability policies
- Access to exclusive Crime/Fidelity policy with enhanced limits and supplementary coverage options
- Complimentary review of your building’s contractors’ and vendors’ insurance policies and contracts to ensure adequate risk transfer
- Independent insurance risk consultation at a discounted cost
- Protecting you from overspending
- Cyber liability coverage
FS Insurance Brokers has co-brokered over 3,200 placements for our clients, saving them over $5.5 million in annual insurance premiums.
Mitigating Board Liability & Personal Exposure
In case you missed it, click here to watch leaders from FirstService Residential and FS Insurance Brokers examine potential claims against condo and co-op properties, advise how board members can limit liability exposure, and discuss the importance of verifying the insurance policies held by third-party contractors.Click below for a preview of the webinar.