Asbestos Register: Important requirements for Strata Managers Not all Strata Managers or Owners Corporations may be aware of the requirements under the Work Health and Safety Act 2011 where there is Asbestos presence at the premises they manage. An integral part of CRM Brokers' role is to...
Mandatory Data Breach Notifications and Your Business The Federal Government has recently passed the Bill which will make mandatory data breach notifications a legal obligation for organisations with responsibilities under the Privacy Act. Organisations that may comply with the legislation included businesses with over $3 million in turnover and...
AND…WE’RE OFF! DATA BREACH NOTIFICATION BECOMES AUSTRALIAN LAW The Federal Government has recently passed the Bill which will make mandatory data breach notifications a legal obligation for organisations with responsibilities under the Privacy Act. Organisations that may comply with the legislation included businesses with over $3 million in turnover...
Strata Managers can now add Public Liability & Management Liability to their Professional Indemnity insurance program [vc_separator type="normal" thickness="3"] Strata Managers often focus on the tangible exposures that they deal with on a day to day basis, however, managing all business risks is critical and often liability exposures are left...
Home Building Compensation Fund (HBCF) Reform The NSW Government is reforming the Home Building Compensation Fund (HBCF), commonly known as Home Warranty or Builders Warranty, to improve customer protection, improve competition in the market and make the scheme sustainable for the NSW home building sector. The premium...
CRM Brokers wishes you and your family a safe and wonderful holiday season CRM Brokers offices are business as usual until Friday 23rd of December 2016, when we will close for Christmas and New Year's Eve. Our offices will reopen on Tuesday 3rd of January, 2017. If you...
An Overview of Management Liability Did you know that New South Wales is the third most litigious state in the world behind California and Texas? In this increasingly litigious environment, businesses have a higher exposure to legal, statutory and employee claims which can have an immense financial...
Strata Reforms: Considering Reinstatement Costs Strata reforms have a significant impact on the value a building is insured. As of 30 November 2016, Strata Managers will need to consider replacement and reinstatement costs, not just replacement costs as per the previous Act. What are reinstatement costs? Reinstatement costs...
Developers will have to lodge a building defect bond from 1st July 2017 The new building defect bond scheme will apply to contracts for the construction of strata buildings over three storeys high, entered into after 1st of July, 2017. Changes coming into effect include: mandatory defect...
Strata Reforms: Fact or Myth? The new strata law reforms are designed to bring strata laws up to date with modern times, covering a broad range of topics from pet ownership to the length of strata management contracts. We have previously covered some of those changes...
CRM Brokers announce the 2016 Client Services Manager of the Year Award The building services industry gathered together last Wednesday at Doltone House for the BSCAA (NSW) AustralianSuper Excellence Awards. CRM Brokers is proud to have worked with and supported the industry since 1999 by providing insurance...
Cyber Safety: from the lounge room to the board room Today marks the beginning of Stay Smart Online Week, an initiative by the Australian Government to spread awareness of cyber safety. The theme this year is "Cyber Safety; from the lounge room to the board room", with...
CRM Brokers' Claims Team is here to assist The Bureau of Meteorology has broadcast a severe weather warning for New South Wales with damaging winds and heavy rain expected to develop before the long weekend. If you have an incident occur, please contact us immediately on 1300...
CRM Brokers partners with Shazam In conjunction with the launch of our new website, CRM Brokers has partnered with Shazam to utilise their image recognition technology which adds a new dimension of connectivity to our business cards. Shazam, the world’s most popular app for connecting artists and fans, announced back in...
Does your Professional Indemnity policy wording suit your business? Not all strata businesses are alike. And not all professional indemnity policies are alike. For instance, let’s say you’re an Authorised Representative (providing insurance general product advice) and your staff are Sub-Authorised Representatives also providing general product advice. Does...