FS Insurance Brokers of New York, a subsidiary of FirstService Financial, is a full-service insurance brokerage. We specialize in the specific insurance needs of residential buildings managed in the New York metropolitan area, including rental properties, cooperatives, condominiums and their boards of directors. By providing a full menu of insurance products and services—from analysis, strategic planning, program design, and insurance brokerage to alternative risk financing, loss control, and claims management—we are able to lower a property’s overall cost of risk.
Our team works with CMJ Underwriters and Fireman’s Fund (Allianz) Insurance Company [A.M. Best Rated A XV] to deliver an insurance program that is unmatched in terms of coverage, cost, and service, while still maintaining the flexibility required by our clients.
Only properties that are managed by FirstService Residential are eligible for our insurance programs. Other considerations for eligibility include:
- Age and Condition of the building
- Capacity of the insurance carrier to insure buildings in a specific zone
- Claims history of the building
- Type of building construction and protection measures
- Unique exposures, such as builder’s risk or high vacancy rates
*In the event that you do not qualify for one of our programs, we may be able to assist in providing best-in-class coverage through an independent brokerage partner.
- Exclusive Property and Liability Programs for FirstService Residential NYC Properties
- Risk management programs to reduce claim exposure
- In-house subject matter experts
- In-house claims advocacy and certificate of insurance issuance