Dec 2024

INSURANCE... from page 46.

history and future plans are well-artic ulated to the marketplace. Long-term planning for capital improvements sends the quintessential “warm and fuzzy” feeling that underwriters so badly crave to write a risk that is gen uine and safe. In a challenging insurance land scape, community associations must proactively manage their risk profiles. By understanding the components that contribute to rising premiums and taking control of factors within their reach, associations can not only limit increases but potentially reduce their overall costs. The focus should be on comprehensive risk management plans and strong market representa tion, ensuring that carriers view the association as a low-risk client. n

• Industry leading Warranty

• Trained Installers

• Roofing Approved Membrane • Low-Maintenance

484 S. Nulton Avenue, Easton, PA 18045-2936 duradek.com Toll Free: (800) 765-9865 Fax (610) 954-0598 E-mail: info@specialtybuildingsystemsinc.com Specialty Building Systems, Inc. Durarail powder coated aluminum rails. Duradek is a roofing approved vinyl membrane that comes in a variety of colors and patterns for decks, balconies, patios, and roof decks. Durarail products offer maintenanance free railing with a 20-year structural warranty. We specialize in high quality building products featuring the Duradek waterproof system and

COMMUNITY ASSOCIATION BANKING Your experts in the HOA industry.

With First Citizens Community Association Banking, formerly part of the bank’s CIT division, you can count on continued service from the experts you know. And as one of the nation’s top 20 banks, we offer market-leading products matched with innovation and award-winning 1 technology to help you grow your business. Your community association management company deserves no less than a financial provider that can bring you the scale, service and capabilities you need to stay ahead.

Nicole Skaro, VP, Regional Account Executive nicole.skaro@firstcitizens.com | 908-524-8741

firstcitizens.com

1 We received a 2022 FinTech Breakthrough Award for Best B2B Payments Platform. © 2023 First-Citizens Bank & Trust Company. All rights reserved. MM#13544

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DECEMBER 2024