While securing appropriate insurance coverage is fundamental for strata property, the significance of having the correct building sums insured can often be overlooked. In this article, we address the importance of obtaining an accurate building valuation to ensure that the insurance coverage aligns with the actual...

The growing popularity of e-bikes and e-scooters has increased concerns among strata property owners and tenants about the heightened fire risk linked to faulty Lithium-ion batteries.  This surge in popularity calls for a closer examination of risk management related to these items. In January 2024, investigators...

Celebrating Excellence at the 2023 Strata Community CHU Awards We were delighted to once again sponsor the Strata Services Business Award at the Strata Community CHU Awards Night. The event brought together outstanding individuals and organisations to be recognised for their commitment to excellence in the...

In today's equipment-intensive buildings, ensuring comprehensive protection against the costs of unforeseen breakdowns is paramount. The increasing integration of technology into our daily lives, exemplified by the rise of electric vehicle charging stations within buildings, has heightened the exposure to potential risks and underscores the...

Finalists Announced for the Strata Services Business Award The independent judging process has been finalised and the results are in! Congratulations to the following finalists for CRM Brokers sponsored Strata Services Business Award. Austrata Finance BME Group Civil Fire Havencab Property Group Strata Energy Services   The winner...

CHU and FLEX have announced that their strata and build to rent portfolios will be entering the ARPC Cyclone Reinsurance Pool in July 2023. This measure will assist property owners with affordability and access to suitable insurance products. CHU’s residential and commercial strata portfolios, FLEX’s strata...

We're excited to celebrate the successes of the strata industry during the upcoming Strata Community CHU Awards for Excellence. The annual Awards Night recognises and rewards businesses and individuals who have made significant contributions to the strata industry and community across eleven categories. We at CRM Brokers...

Ken Masina Joins Industry Panel to Discuss Strata Insurance As a panellist at the Johns Lyng Group and Lannock Strata Finance Networking Event, Ken Masina, Head of Claims at CRM Brokers, engaged with other industry experts, including Chris Frazer and Melissa Gallagher, in a discussion about...

In December 2022, we wrote about the Change to the CHU Strata Policy Excess. Since then, SUU has communicated a similar policy for properties in NSW, QLD, ACT, and NT with a building sum insured of less than $100 million. Changes to SUU Standard Excess We communicate with...

We would like to take this opportunity to wish our valued clients a happy and prosperous year! In the coming year the CRM Brokers team will continue to offer the high-quality broking and claims management services for which we are known. Additionally, in 2023 we will...

Insurance Tip - Building Defects A proactive approach to defect identification and rectification benefits all parties involved placing the insurance to protect a property. Being on top of defects and ensuring that Owners Corporations have a plan in place to resolve them will improve insurance coverage and...