APOLLO Insurance, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, has partnered with ICM Property Services, the property management subsidiary of ICM Asset Management, to provide instant digital insurance solutions specifically designed for tenants across Canada. ICM Asset Management is a leading investment management firm with over $2 billion in assets across North America.
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(Graphic: Business Wire)
APOLLO’s digital platform 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 workflows. For property managers, the insurance purchase experience is embedded directly into the leasing and renewal workflows.
“This partnership with ICM Property Services allows us to provide digital insurance solutions to a diverse range of tenants across North America,” said Jeff McCann, APOLLO Founder and CEO. “ICM shares our goal of providing innovative, easy-to-use solutions that not only improve tenant satisfaction but also make life easier for property managers by giving them a simple platform to manage tenant insurance compliance.”
ICM Asset Management has built a strong reputation as a leader in real estate investment management, with a focus on delivering diversified portfolios of high-quality assets across North America. With over $2 billion in assets under management and more than 20 years of experience, ICM provides tailored solutions that maximize returns and create value for investors and property owners alike. Their expertise in real estate management allows them to identify and capitalize on key market opportunities, ensuring long-term growth and stability for their clients.
“We’re excited to partner with APOLLO to offer our tenants a streamlined insurance solution that aligns with our commitment to providing comprehensive, innovative services,” said Lacy Samson, ICM Property Services, Associate Director, Residential Property Management. “APOLLO’s approach simplifies the insurance process, enhancing the resident experience while supporting our efforts to create more efficient, well-managed communities across North America.”
In 2022, APOLLO became the only Insurance provider in Canada to integrate with Yardi Systems to enable instant insurance transactions and automate compliance, with real time tracking and alerts for property managers. Earlier this year, APOLLO launched FinShore, a wholly owned buy now, pay later (BNPL) subsidiary, to provide a fully embedded monthly payment option to their customers.
Visit https://apollocover.com/partnerships for more information.
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 immediately, from anywhere, on any device, 24/7. Unlike traditional paper-based processes, APOLLO leverages extensive data and sophisticated algorithms to quote, collect a payment, and issue policies without human intervention.
Through traditional agents and embedded finance partnerships, APOLLO is redefining the distribution of insurance. For more information visit https://apollocover.com/.
About ICM
ICM Asset Management, founded in 2003, is a leading alternative investment management firm recognized for delivering strong returns and effective risk management. ICM is committed to pioneering innovative strategies while maintaining the highest standards of integrity and professionalism. ICM focuses on making thoughtful investments, building trusted relationships with their investors, and enhancing the client experience through exceptional service and collaboration.
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