Exclusive insurance and risk management solutions for our clients

FS Insurance Brokers, a subsidiary of FirstService Financial and an affiliate of FirstService Residential, is our partnered insurance brokerage. Together we simplify the complex – by leveraging the size of our property portfolio, historical claims and loss data, FS Insurance Brokers merge their in-depth insurance and risk management knowledge with property management expertise to provide tailored solutions for your community’s unique needs.

Proper insurance coverage keeps the community compliant with legal requirements, supporting long-term planning and preserving property values. Ultimately, owners and board members seek peace of mind that they reside in a safe and well-managed building.
 

Expert support for condo corporations:

FS Insurance Brokers offers our clients comprehensive insurance solutions from strategic planning to loss control and claims management. Partnered with Canada’s leading condominium insurer and backed by a licensed, in-house team of insurance professionals, FS Insurance is uniquely positioned to support condo corporations optimizes their insurance coverage while achieving long-term savings in annual premiums. In addition to reducing the overall cost of risk for properties, FS Insurance provides a customised condo program that is backed by over 20 A-rated insurance carriers.

The key areas of services include:

• Property insurance
   
• Legal expense coverage
   
• General and excess liability
   
• Terrorism and human rights defense
   
• Directors’ and officers’ liability
   
• Pollution, earthquake and water damage coverage
   
• Cyber liability
   
• Flood insurance
   
• Crime and fidelity insurance
   
• Risk management advisory services

Impactful results for our clients

FS Insurance Brokers have helped clients save over $1,100,000 on insurance premiums this year alone. Here are some examples of significant savings in communities served by our affiliates:

• A coordinated competitive bidding process in one Ontario community led to savings of more than $100,000. Residents benefited from improved comprehensive coverage and the elimination of unnecessary taxes.
   
• Following a comprehensive review and in-depth analysis, an Ontario condominium achieved a 52% premium reduction, doubled its liability coverage, halved deductibles, and secured broader, more favourable policy terms.
   
• By partnering with an Ontario condominium, FS Insurance helped implement risk management strategies that prevented over a dozen water-related incidents, achieving an estimated annual savings of $60,000.

Learn how FS Insurance Brokers can help your condominium corporation optimize coverage and reduce costs. Our team of insurance professionals are ready to assist you in finding the right product or program for your community. Contact us today.