FFI_Logo
  • Home
  • About
    • Our Team
    • FirstService Corporate
  • Banking
    • Cash Management
    • Lending
  • Insurance
    • Distribution
    • Products & Programs
    • NY Brokerage
  • Blog
  • FAQ
  • Contact

Newtown Grant – Newtown, PA: Doing what the others couldn’t.

June 14, 2018Sean KentInsurance

Newtown Grant, a master-planned community is Southeast Pennsylvania, is home to over 3,000 residents. Made up of a master association and multiple sub-associations, this very large community recently presented a challenging insurance renewal. The incumbent Directors & Officers Liability provider non-renewed coverage because of the complexities involved, and many other underwriters declined to offer terms altogether.

The Insurance Manager for FS Insurance Brokers worked closely with all of the Community Mangers to navigate the underwriting obstacles. By obtaining detailed information on each association, we were well positioned to successfully negotiate terms directly with the underwriter. In addition to the Property & Liability coverage parts, FS Insurance Brokers’ in-house underwriting department offered best-in-class coverage for Directors & Officers Liability, Crime, Umbrella, and Workers’ Compensation. The result was a prime example of the leverage FirstService brings to the table on behalf of our clients to deliver a tangible value proposition for insurance placements on each line of coverage.

In the end, a difficult insurance renewal with the potential for premium increases and coverage exclusions actually resulted in a more robust program with premium savings to each of the associations. By choosing coverage through our exclusive HOA Insurance Program, Newtown Grant experienced firsthand the value that FirstService Financial and FS Insurance Brokers help deliver to all FirstService Residential clients.

Recent Posts

  • January 2020 Highlight Reel
  • December 2019 Highlight Reel
  • November 2019 Highlight Reel
  • October 2019 Highlight Reel
  • September 2019 Highlight Reel

Archives

  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016

Categories

  • Cash Management
  • Financial News
  • Highlights
  • Insurance
  • Insurance Distribution
  • Insurance Products
  • Insurance Programs
  • Lending
  • Risk Management
  • Uncategorized
HomeAboutBankingInsuranceBlogFAQContact
Copyright - FirstService Financial