Window safety in strata

12.5cm maximum opening for peace of mind! Each year in Australia approximately 50 children (or almost one per week) fall from windows or balconies, often resulting in serious injury or even death.* The majority of these incidents occur in residential strata complexes. Children aged from one to five years are most at risk, as they … Read more

Defects and Maintenance Register

Best Practice is key As the strata sector continues to change and legislative requirements become more onerous we, as an industry, are charged with introducing best practice operations to overcome common hurdles and remove uncertainty. At Strata Community Insurance, our focus is centred on keeping Strata Managers informed of changes occurring and developing tools for … Read more

Contractor Management Systems

From time to time, strata managers and/or strata committees may need to engage the services of an external contractor to undertake work within a strata complex covering maintenance, repairs, or installation of new components. While contractors or suppliers have a duty-of-care when entering a strata complex’s premises, it is in the interest of strata committees … Read more

Building Inspections and Maintenance Checklist

Strata complexes should be inspected at regular intervals to identify deterioration and required maintenance work – such as cleaning and painting, and attending to lighting and fire safety. Managing strata is multifaceted, involving many elements, across many parties. This checklist, though not exhaustive, provides a framework including items for consideration to support inspection maintenance plans. … Read more

Play it safe with asbestos

Asbestos is a term for a group of six naturally occurring mineral fibres. In the past, it was considered one of the most versatile minerals because of its properties of flexibility, strength, insulating from heat and electricity, chemical inertness and affordability. These same properties resulted in its extensive use over many years in Australia and … Read more

4 Stages of Building Defects and Maintenance Controls

Building defects and maintenance controls are recognised as an integral part of good governance. They are an interactive process that can be used by strata executive committees to mitigate and remove risks. This guide has been developed to support strata executive committees. It will allow them to prioritise defects and significant maintenance issues, and set … Read more

NSW Emergency Services Levy Price Comparison Changes

Effective 1 July 2019, new obligations commence in NSW requiring the provision of year on year price comparisons with insurance renewal communications for specified classes of insurance – including strata. A breakdown of separate line costs for the NSW Emergency Service Levies, taxes and duties; and details of fees charged by insurance intermediaries will be … Read more

Terrorism Levy Changes

For all news business and renewals effective 1st July, 2017 insureds will be liable to pay terrorism levies, if their scheme meets the Australian Reinsurance Pool Corporation (ARPC) criteria. In short, some mixed-use commercial and residential strata buildings will see new terrorism levies of up to 16%. These changes broaden the definition of eligible property … Read more

Building Defects, Maintenance & Insurance

Professionally managing Defects and Maintenance & Repairs now take up a considerable portion of Strata Manager’s time, at an increasing cost to Owners [1]. Strata Community Insurance held an educational forum on this topic around the country during November 2016, with some 300+ attendees. We summarise a few of the key observations within this note. … Read more