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 and Owners Corporations FAQ’s – clarify key concerns.
Spring bushfires in suburban areas of the Sunshine Coast in QLD, are a grave reminder that you don’t have to live in a rural area to be impacted by bushfires. The ferocity of these fires in early September, followed by horrific blazes across NSW, QLD, SA and VIC has seen
In recent times, Strata Insurance has been a bone of contention for many Strata Managers and Owners Corporations (OC) across Australia. Non-compliant building materials, property defects, and hardening insurance markets have seen Strata Insurance premiums increase substantially, often with restrictive policy conditions and high excesses imposed. To help your clients
Monsoonal deluges and the flooding that ensued became a terrible catastrophe for thousands of Townsville residents earlier this year. Severe flooding caused widespread damage to an unprecedented number of properties, including residential strata. In the aftermath of a flood, many depend on their insurance to help recoup losses. Sadly however,
When it comes to Strata Insurance, nothing is as simple as it seems. Lia de Sousa | Resolute Director, explains below the cover your clients need to adequately protect their properties and the contents inside. If there’s one thing we’ve learnt from broking Strata Insurance for 40 years, it’s that
Are your clients aware of how they could be impacted if their Strata property is underinsured? We recently received this important question on underinsurance from Australian Strata property blog LookUpStrata. Our response below has been prepared by Renee Cassidy | Claims Manager, Resolute Property Protect. Scenario: I believe the Building Sum
With the Strata construction industry constantly evolving, and the introduction of new and complex legislation, the role of an insurance broker is more important than ever. In order to accurately underwrite a Strata Insurance policy, insurers are requiring a lot more information when placing new business or renewing Strata Insurance
Since the 2014 Lacrosse building fire in Melbourne, there has been heated debate, publicity and extensive enquiries with respect to non-compliant Aluminium Composite Panels (ACPs) in strata property developments. The notorious Grenfell Tower fire in London, 2017 perpetuated this further, sending authorities and occupants of multi-level buildings into a panicked
The role of a Strata Manager is continually increasing in complexity and responsibility. Below we address some key challenges affecting properties that can also impact the Strata Insurance – asbestos, non-compliant cladding, and property defects. Unfortunately the frequency at which Strata Managers are faced with these issues is growing, and