There is a common misconception that there is no risk to an insured where they subcontract activities out. Liability Underwriter, Gavin Boyle from Solution Underwriting Agency, busts the myth and explains how your client can best protect themselves. Subcontractors: What's the Risk? A subcontractor is an independent...

Claims Procedures for Strata Managers The Strata Manager is to complete the online Strata Claims Notification Form or email their completed form to [email protected] A CRM Brokers' Claims officer will assess the submission prior to lodging the claim with the insurer. The insurer upon receipt of the claim...

Why are strata insurance excesses increasing? A trend found across strata insurance (both for new business and renewals) is that there’s an increasing number of insurers raising their standard minimum excess, so that it is now $1,000 for all claims. The common factors amongst underwriting agencies use...

We decided to have a look back on the year that was. Twenty21. [vc_row][vc_column width='2/3'][vc_separator type="transparent"]CRM Brokers’ reputation for professionalism and high-quality service had been reinforced by industry leaders, having chosen us as both the winner of the QBE Insurance Brokerage of the Year (20+ staff)...

Protecting privacy, building trust, block by block Privacy Awareness Week is about the simple foundations we can put in place to protect our personal information. Good privacy practices will help your business build and maintain the community’s trust in how you handle their personal information. These fundamentals...

The Importance of Maintenance in Strata Buildings Steadfast Group has provided feedback on a common theme that keeps re-emerging in Residential Strata claims. A poor standard of maintenance and known maintenance defects are a major contributor to or cause of losses, particularly in older strata buildings. This...

It's once again time to celebrate the achievements of the businesses and individuals in the strata industry SCA (NSW) recognises excellence in the NSW strata industry at the Annual CHU Strata Community Awards for Excellence. Across eleven categories, the annual Awards recognises and rewards businesses and individuals...

What’s the difference in the way insurers treat storms and flood? There’s a difference in the way insurers treat claims related to storm water and floodwater. As such, it’s important property and business owners understand this difference, should they experience either of these events. This differential...

Construction Law Review Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government. V601 v Probuild [2021] VSC 849 Supreme Court of Victoria Digby J Application for order - applicant commenced proceedings seeking recovery of liquidated damages entitlements under contract, relying on certificates issued...

What is professional indemnity insurance? Anyone can make a mistake – but if your business is found liable for negligence, the costs can be financially devastating. Not only can it lead to an expensive lawsuit, but your business’ hard-earned reputation may be damaged as a result. That’s...

How to protect domestic property against La Niña risks The Bureau of Meteorology has predicted the chance of a La Niña climate system developing at 70% - or three times the usual likelihood. As a result the northern and eastern parts of Australia are likely to...

Five basic security steps to mitigate against cyber attacks Basic security precautions can help you and your business prepare for and mitigate against the vast majority of modern cyber threats. Microsoft’s latest Digital Defence Report has identified five cyber hygiene practices that can have a major impact...

COVID and the risk of unoccupied dwellings on farms The COVID pandemic continues to create complications for people from all walks of life, and farmers are no exception. The inability to employ seasonal workers, relied upon by farmers, has been well documented in the media. This not...

The following article provided by QBE Insurance focuses on the once popular building material, you should know about Asbestos in commercial buildings and has been republished with their permission. Asbestos in commercial buildings: a hidden threat Until the late 1980s, asbestos was a popular building material and commonly...

What a La Niña event means for property and business insurance The Bureau of Meteorology (BOM) recently declared Australia is on La Niña watch, which means we may be in for another extremely wet summer. Australia is well known for its extreme weather conditions. Bushfires. Floods. Cyclones....

The following article provided by Insurance Australia Limited (IAL), provides insight into risk mitigation through an Emergency Response Plan and has been republished with their permission. Prepare your site for flood with an Emergency Response Plan Over the years Australia has experienced many extreme weather events, from...

CRM Brokers announce the Strata Services Business Award 2021 On Thursday, 25 November, the strata industry checked in to the Hyatt Regency for the annual SCA (NSW) CHU Strata Community Awards. Presenting the CRM Brokers’ Strata Services Business Award, Gordon Bell, Chief Operating Officer, commented on the...

CRM Brokers appoints Head of Claims CRM Brokers has named Ken Masina to take on the role of Head of Claims. Working alongside our dedicated in-house claims team, Ken's leadership skills and extensive industry knowledge will aim to scale even greater heights of client satisfaction during...

CRM Brokers wishes you and your family a very Merry Christmas and we look forward to seeing you in the New Year After another eventful year, CRM Brokers offices will close for Christmas and New Year on Tuesday 21st of December 2021 at 5pm. Our offices...