Zen Residential, a property and asset management company, offers services across Edmonton, Calgary and surrounding areas. Credit: Sutthiphong Chandaeng/Shutterstock.

Canadian property and asset management company Zen Residential has teamed up with APOLLO Insurance to provide digital tenant insurance. 

Zen Residential offers services across Edmonton, Calgary and surrounding areas.  

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Its focus is on aligning lifestyles with living spaces, which are beneficial for both property owners and tenants. 

The partnership is expected to decrease the administrative burden on property managers and ensure compliance with insurance requirements, while simplifying the insurance purchase process for tenants. 

APOLLO founder and CEO Jeff McCann said: “APOLLO and Zen Residential are both committed to improving the tenant experience through technology and innovation. Zen Residential has set the standard for resident care and property management excellence, and this partnership will elevate their service even further by making tenant insurance more accessible.” 

Zen Residential CEO AJ Slivinski said: “We are thrilled about this exclusive partnership with APOLLO Insurance. Their digital-first approach aligns perfectly with our commitment to leveraging technology to enhance the resident experience. With APOLLO, we can offer our tenants a seamless and convenient insurance solution.” 

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APOLLO said that it became the only insurance provider in Canada to integrate with Yardi Systems in 2022.  

This integration facilitates instant insurance transactions and automates compliance management for property managers through real-time tracking and alerts.  

Earlier this year, APOLLO introduced FinShore, a fully owned subsidiary offering a buy now, pay later service. This subsidiary enhances APOLLO’s customer service by providing an embedded monthly payment option. 

Meanwhile, in September, APOLLO partnered with Payquad Solutions to incorporate tenant insurance, facilitating access for renters.  

This integration with property management systems allows for immediate insurance transactions and automates compliance, while also providing real-time tracking and notifications for property managers.