APOLLO and Townline Partners will provide Residents with Embedded Insurance

tamiah312 November 5, 2024

2 2 minutes read

APOLLO and Townline Partners will provide Residents with Embedded Insurance

TORONTO — APOLLO Insurance, Canada’s digital insurance provider and leading innovator in the emerging finance sector, has partnered with Townline to offer rapid digital insurance solutions tailored to employers across Canada.

The APOLLO digital platform was launched in 2019 and began serving Canadian consumers with fully digital insurance products. Since then, APOLLO has partnered with leading REITs, property management companies, proptechs, and other organizations to embed insurance products into their existing operations. For property managers, the experience of buying insurance is directly embedded in the rental and renewal business.

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“APOLLO and Townline share a common goal of making it easier for residents to obtain renters insurance,” said Jeff McCann, APOLLO Founder and CEO. “Townline works hard to provide its residents with an exceptional rental experience, and this partnership will only enhance that.”

Townline has established itself as a leader in innovative living solutions through its unwavering commitment to the homeowner and tenant experience, purposeful design, and enriching communities. For more than 40 years, each of Townline’s projects, from single-family homes to high-rise towers and mixed-use communities, has demonstrated their unwavering dedication to detail. This new partnership with APOLLO will provide Townline property managers with a comprehensive one-stop solution, enhancing their ability to provide residents with easy access to renter’s insurance.

“Townline has partnered with APOLLO Insurance because we believe in the importance of partnering with companies that share our commitment to society and innovation,” said Kelly Hannah, Director of Property Management and Leasing. “From our first building to our various projects across North America, we have always put relationships first. APOLLO’s digital platform not only provides our residents with an easy and efficient way to obtain insurance but also supports our property managers by simplifying compliance processes.”

In 2022, APOLLO became the only Insurance provider in Canada to integrate with Yardi Systems to enable faster insurance transactions and automated compliance, with real-time tracking and alerts for property managers. Earlier this year, APOLLO launched FinShore, a wholly owned subsidiary of buy now, pay later (BNPL), to offer their customers a fully embedded monthly payment option.

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About APOLLO Insurance

APOLLO Insurance (“Apollo Insurance Solutions Ltd. and its subsidiaries”) is Canada’s leading online insurance provider. Our proprietary platform allows insurance agents and their customers to purchase their policy instantly, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO uses extensive data and sophisticated algorithms to quote, collect payment, and issue policies without human intervention.

With traditional agents and embedded financial partnerships, APOLLO is redefining insurance distribution. For more information visit https://apollocover.com/.

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About Townline

Townline is known for its innovative lifestyle solutions and unparalleled attention to detail. For more than 40 years, every Townline project — from single-family homes and townhouses to high-rise concrete towers and mixed-use communities — has been defined by a strong focus on the homeowner and tenant experience, purposeful design, and an unwavering commitment to enriching the cities and communities in which we build. This is the Townline route.

The Townline Way is defined by our honesty, attention to detail, and thoughtfulness in everything we do. Our strong relationships are an important part of this – with our customers, our employers, our partners and our communities. Townline is deeply involved in every phase of every project, with internal development, finance, construction, marketing, sales and leasing, asset management, property management and customer care teams.

We work hard, we give back, and we stand behind everything we build and everything we do.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20241105728636/en/

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