APOLLO Insurance, a Canadian digital insurance provider and leader in the emerging embedded finance sector, has announced a partnership with Dream Unlimited Corp to offer instant digital insurance solutions tailored for tenants across Canada.
The move aims to simplify the process of obtaining tenant insurance, making it more accessible and convenient for residents.
Founded in 2019, APOLLO Insurance specialises in providing fully digital insurance products to Canadian consumers.
The company has built partnerships with leading real estate investment trusts (REITs), property management companies, proptech firms, and other organisations to embed insurance products into existing workflows.
This integration allows property managers to incorporate the insurance purchase experience directly into their leasing and renewal processes.
In 2022, APOLLO distinguished itself as the only insurance provider in Canada to integrate with Yardi Systems, facilitating instant insurance transactions and automating compliance with real-time tracking and alerts for property managers. Additionally, APOLLO recently launched FinShore, a buy now, pay later (BNPL) subsidiary, offering customers a fully embedded monthly payment option.
Jeff McCann, APOLLO Founder and CEO, stated, “APOLLO and Dream share the common goal of making it easier for residents to access tenant insurance. Dream works hard to provide their residents with an exceptional rental experience, and this partnership will only enhance that.”
Hero Mohtadi, Vice-President of Residential Operations and Asset Management at Dream, added, “Dream is excited about this partnership with APOLLO, a company that recognizes our vision of sustainable affordability. With their intuitive platform, our residents will have a convenient way to obtain comprehensive insurance policies, and our property managers will have an easier time tracking resident insurance compliance.”
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