Insurance

The strata industry is changing. Strata owners are demanding quick, excellent service and Insurers and Underwriters are asking for more detailed and higher-quality building information. These factors coupled with the […]

As we emerge from COVIDinduced disruption, despite facing tough economic conditions businesses appear to be returning to longer planning horizons. They are ready to invest and form new partnerships. To […]

How do schemes become more competitive As you may be aware, insurers are becoming highly selective of which schemes they may choose to insure. Each scheme now has to be […]

The Tuesday 13 September 2022 declaration of a third La Niña weather event from the Australian Bureau of Meteorology brings with it the distinct possibility of another very wet, and […]

Industry news pulls together some of the most interesting and important stories in the strata industry over the past few months. Electric Vehicles The growing demand for electric vehicles (EVs) […]

Increases in the cost of living and doing business have been rising, and at a faster rate than in many decades. This is largely driven by supply chain issues and […]

On 15 July 2022, a paper titled Independent Review of Strata Insurance Practices, authored by insurance industry expert John Trowbridge and commissioned by the Steadfast Group was released. This paper […]

After years of debate over the need for a catastrophe reinsurance pool, the Government has finalised the design of the reinsurance pool for cyclone and related flood damage in northern […]

Strata insurance can be a complex area to understand. You may get asked what it covers, and what other insurance policies owners need to protect their assets. Strata insurance policies […]

Successfully navigating the strata insurance market to make well-informed decisions will increasingly involve making sure you understand more about insurance market dynamics and the particular risk exposures of your building(s) […]

Politicians of all stripes have at various times in history flagged the need for the decentralisation of Australia’s population from the southern capitals of Sydney and Melbourne, and in more […]

On 7 September 2021, SCA National launched an industry-first A Data-driven Holistic Understanding of Strata Insurance in Australia and NZ report. In previous editions, we have previewed its release, spoken […]

Leading strata insurance specialist CHU has won the 2021 Underwriting Agency of the Year Award in the Australian Insurance Industry Awards.  CHU has previously won the award in 2017 and […]

The most comprehensive look into strata insurance undertaken in Australia – A data-driven holistic understanding of strata insurance – has been released. Compiled by one of Australia’s leading strata researchers […]

A Slice of Strata Insurance History BCB celebrates its 25th anniversary in 2021. Starting from humble beginnings in a small Gold Coast office with just four staff, we’re now proud […]

As the world continues to deal with the pandemic, 2021 and beyond seems daunting with health, economic and social issues continuing to impact our communities. Obviously much depends on how […]

2020 was a year many people are glad to put behind them. Despite the frustrations and disruption caused by COVID-19, we’ve also seen some benefits of the global pandemic. It’s […]

I formed my hand into a tightly clenched fist, the veins in my temple began to throb as a single bead of sweat trickled down my brow and dripped effortlessly […]

The Roles and Responsibilities of Strata Owners and Their Agents The legislative requirements for building insurance valuation vary between each state. Where most states simply refer to obtaining a valuation, […]

We sat down with Moish Ekman, a Certified Practicing Valuer from Ensure Group Property Valuers, to understand what a building insurance valuation is, why strata communities require them and how […]