Insurance

Customers are increasingly drawn to products and services that reduce complexity, are easy to engage with and are offered by businesses that build trust. When customers’ needs are met by […]

Tattoo shops and massage parlours have been on the list of ‘uninsurable’ risks for some time. Tobacconists have recently joined the watch list, with some insurers declining cover due to […]

Conducting regular building valuations for your strata property is extremely important. If you haven’t had a building valuation in the past 3 years, there is a high chance your building […]

Are you at risk? Rechargeable lithium-ion batteries. They’re a hot topic of discussion. Found in common household items like mobile phones, laptops, e-scooters and power tools, these batteries are key […]

Australian Construction Costs: A Three-Year Trend Analysis As we are all aware, the Australian construction industry has been facing a sustained rise in costs in recent years. The data in […]

In recent times, the landscape of insurance premiums and valuations for strata properties in Australia has undergone a significant transformation. This article delves into the key factors contributing to the […]

Curious about strata insurance and exactly what it covers? You’re not alone. We receive numerous questions about strata insurance daily, and in this guide, we’ll address the most common enquiries […]

7 essential tips to navigate challenging times The world of strata insurance is experiencing dramatic transformation. Insurers are becoming increasingly risk-averse in the face of natural disasters, resulting in changes […]

Strata insurance is compulsory. So, the ongoing challenging insurance market and cost- of-living pressures mean it’s crucial to spend time buying your insurance protection wisely. The outlook for 2024 There’s […]

If you always do what you’ve always done, you’ll always get what you’ve always got. This article leads on from my earlier article on Making your Scheme Competitive to Insurers […]

Australia’s climate presents unique challenges for strata buildings. From scorching summers to torrential rains and hailstorms, it’s essential for Strata Managers, Insurance Brokers, and property owners to be well-prepared for […]

We’re exposed to many types of risk in our lives. Our attitude to risk is often referred to as our “risk tolerance” and in the insurance world, the term “risk […]

It is a simple fact that most homeowners may not have enough savings to rebuild a badly damaged or destroyed home, or, to pay off the mortgage still owing even […]

The United Nations Sustainable Development Goals (UN SDGs) are a set of 17 goals, embraced globally, which outline a vision for a fairer, greener future. They cover important world issues, […]

Weather events have been the greatest contributor to rising strata insurance premiums. While Queensland is seeing some relief from premium hikes thanks to the Cyclone Reinsurance Pool (CRP), many strata […]

Property peak body Strata Community Association (SCA) has released an industry first Strata Insurance Disclosure Best Practice Guideline that will improve strata insurance practices and outcomes for its members and […]

Our strata industry continues to grow and evolve, as more Australians choose to own or live in high-density communities. This is due to population growth, the conversion of existing buildings […]

Specialised field Building Insurance Valuations for strata and community schemes is a very specialised area. Each State has differing requirements, ranging from ‘obtain a valuation’ (VIC), ‘full replacement value’ (QLD), […]

The government’s new ARPC Cyclone Reinsurance Pool provides accessibility to insurance for strata property owners and aims to have a positive impact on insurance for customers in cyclone prone areas […]

Don’t wait for the official declaration While the Bureau of Meteorology hasn’t yet declared an El Niño in 2023, that’s not a reason to ignore the onset of the summer […]