News
Please feel free to download – and share – the materials posted here.
We will keep adding materials that are topical and of interest for people in the strata community.
As we all know, this is a complex environment with changing needs and regulatory obligations.
Are Owners Corporations Effectively Managing Repairs and Maintenance?
The devastating effects of ignoring building repairs was highlighted to the world on 24 June 2021 with the partial collapse of the Champlain Towers South residential building in America. Identified as the third largest building failure in US history, 98 people lost...
Understanding and Managing Lithium-Ion Battery Risks
Lithium-ion batteries are increasingly common in our homes, powering everything from phones and laptops to e-scooters and power tools. While convenient, they also pose potential fire risks. Understanding the Risks: Lithium-ion batteries store significant energy in a...
Cyclone Reinsurance Pool
Strata Community Insurance to enter Cyclone Reinsurance Pool In response to insurance affordability concerns in Northern Australia, the Australian Federal Government introduced the Cyclone Pool, administered by the Australian Reinsurance Pool Corporation (ARPC). The...
Section 11 – Loss of Lot Market Value
What happens if your scheme cannot be reinstated? If you’re like millions of other Australians, you will have a large amount of your net worth invested in your primary residence. As owners, we tend to always be optimistic on the value of this asset, and of course its...
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...
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...
“We are really passionate about supporting the strata industry.
We are willing to invest in the industry. We want to give back in order to help you prepare your businesses for the future.”
Damien Leary
Director of Operation
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