Ep 170 with Robert Nordlund, founder and CEO of Association Reserves

Join us as we Car Chat with Robert Nordlund, founder and CEO of Association Reserves, to discuss the innovative solutions his company is bringing to the community association industry.

Discover how the new Association Insights and Marketplace platform, inspired by the need for greater transparency and financial health, aims to prevent incidents like the Champlain Tower South collapse.

Robert's commitment to elevating the industry is truly inspiring!

#CarChatLive #InsuranceIsntBoring

Episode Highlights:

✅ Robert introduces Association Insights and Marketplace, a market-driven solution aimed at preventing incidents like the Champlain Tower South collapse by addressing transparency and financial issues. [00:00:38]

✅ He explains the detrimental effects of low monthly assessments, which starve associations of necessary funds. [00:01:25]

✅ Robert describes the FIPHO health score, a metric from 0 to 100 reflecting the financial, physical, and operational health of an association, akin to a FICO score for creditworthiness. [00:02:02]

✅ The platform for generating the FIPHO health score is free, crowdsourced, and allows boards and managers to log in, fill out profiles, and obtain their score within 15 minutes. [00:02:41]

✅ Robert gives a shout out to Kevin Davis, whose encouragement helped inspire the creation of the platform to minimize incidents like the Champlain Tower South collapse. [00:09:36]

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