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...

Strata Community Insurance awarded Platinum rating two years running

StrataRatings, an independent ratings agency, has rated Strata Community Insurance “Platinum” for both its Residential and Commercial Strata products. Their 2019 report focused on a series of questions evaluating policy conditions, claims, product availability, and...

Strata Community Insurance ranked No.1 in 2018 Strata Insurance Ratings

StrataRatings, an independent ratings agency providing insurance buyers with an evaluation of Strata insurance products, has released their inaugural set of 2018 strata ratings. Simon Plummer, Managing Director, StrataRatings states that, “the ratings have been...

Building Valuations and Underinsurance

In this paper we consider the following items in relation to Strata Building insurance: Underinsurance; Legislative obligations owners are subject to; Important considerations when appointing a valuer; Alerting you to some key timelines that should be taken into...

Managing the Cladding Crisis

From early in the 1990’s, aluminium composite panel (ACP) has become a standard material for medium and high-rise buildings across Australia. It revolutionised the building sector by providing a low-cost, aesthetically pleasing skin or layer that was easy to attach to...

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...
INTERMEDIARY PORTAL