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...
Who would you turn to if you were asked to...
CRM Brokers is proud to announce our continued sponsorship of the Client Services Manager of the Year Award. The Award is designed to recognise excellence in performance of a cleaning or security Client Services Manager. The size of the company is irrelevant in the judging of this...
Professional Indemnity Exposure for Design & Construct all linked to Aluminium Cladding. On November 25th 2014, the 21 storey Lacrosse Building in Melbourne’s Docklands caught fire as a result of an unextinguished cigarette on an eighth-floor balcony. The fire spread rapidly and quickly reached the top...
Strata Law Reforms As you are aware, the Strata Schemes Management Bill 2016 will commence on 30th of November 2016. The reforms cover a wide range of topics with a number of them related to Strata Managers, of note are the following...
Why you need Professional Indemnity Insurance Sometimes, it’s not a matter of whether or not you think you have erred in the course of your “professional” duty, but whether another party thinks you have, causing them to suffer a financial loss. That’s where Professional Indemnity insurance steps...
Cleaners' Bucket Insurance Program CRM Brokers’ Cleaners’ Bucket Insurance program provides Public, Product and Professional Liability into all-in-one package targeted to the unique needs of the building services industry. If your policy is due for renewal...