Insurers are becoming increasingly risk-averse in the face of natural disasters, resulting in changes to policy, reduced competition and sharp increases in premiums. The surge in demand for building materials and construction services is driving up maintenance costs, while the rising cost of living sees strata owners desperately seeking avenues to reduce expenses.
Strata Insurance Market Outlook 2024
What’s in store? In 2024, the world of strata is looking to be a lot like 2023: While the above features roll on into 2024, we also expect to see: Premium predictions While we don’t have a crystal ball, the market indicates that premiums will increase between 10% to 15%
Flood Insurance
In the aftermath of a flood, many owners turn to their Strata Managers and insurance to help recoup their losses. However more often than not, owners are distressed to find their Strata Insurance policy does not cover damage as a result of flood. This article addresses the ins and outs
Resolute holiday season opening hours.
Resolute Property Protect will be closed on public holidays over the festive period, and have a smaller team available to assist until Monday 10th January, 2022. Resolute will close from 2pm on Christmas Eve, and reopen at 8:30am on Wednesday 29th December, 2021. Our office will also be closed on
Strata Insurance Market Update FY20-21
Understand the current Strata Insurance market landscape, how to achieve the best outcome for strata properties, and what’s on the horizon for 2021.
COVID-19 & payment options for Strata Insurance
Are your Owners Corporation clients experiencing difficulties paying Strata Insurance premiums, as a result of the economic impact of COVID-19? We understand this is a real issue for OC’s around Australia, and want to let you know that there are options available to help alleviate the financial strain at this time.
Are you working from home? Here are our 5 top tips…
To minimise the spread of Coronavirus (COVID-19), much of the Australian workforce has transitioned to working from home (WFH). For many, the concept of working remotely can be challenging, isolating and take some adjustment. To help keep you sane and smiling during this period, the Resolute team have come up with our 5 Top Tips.
COVID-19: Cyber Insurance more important than ever when working from home
Since the COVID-19 Pandemic hit Australia, cybercrime has increased dramatically.
Understand how you can mitigate the risk of cybercrime, and minimise damage inflicted by a cyber-attack.
COVID-19 & Premium Funding for Strata Insurance
Premium Funding & Strata Insurance – a payment solution allowing your clients to pay their insurance renewals over a period of time, to help ease the burden of financial stress.
Coronavirus (COVID-19) & Owners Corporations: Frequently Asked Questions
Coronavirus and Owners Corporations FAQ’s – clarify key concerns.
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