Regulation for Cladding Shortly after the Grenfell Tower fire tragedy, the NSW Government announced a wide-ranging fire safety package in response to the fire safety risks posed by external wall cladding. Compulsory Checks As part of the package, the NSW Government announced they would make checks for combustible cladding...

Construction Law Review - March

Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.

Nominations are now open for the Strata Services Business Award CRM Brokers is pleased to announce our sponsorship of the Strata Services Business Award at the 2018 CHU Strata Community Awards (NSW). The Awards Night provides an exceptional opportunity to acknowledge and reward amazing businesses and individuals...

Understanding Contractors Pollution Liability These days, the spotlight is squarely on the environment. Legislation is ramping up, and public awareness and enforcement costs are on the rise. If your business is responsible for causing pollution, the impact on you can be costly. Contractors Pollution Liability Insurance...

Notifiable Data Breach Scheme is here - Are you ready? The Notifiable data breaches (NDB) scheme came into force on 22nd of February 2018. Experts warn businesses may be left scrambling if they have not locked down personal information and developed a response plan to deal...

Is it time to review your cover limits? CRM Brokers would like to remind the Owners Corporation how important it is at each renewal to ensure the Sum Insured they select complies with section 161 of the Strata Management Act 2015 and clause 39 of the...

CRM Brokers presents at the Hong Kong Confederation of Insurance Brokers CRM Brokers' Broking Operations Manager, Vikram Choudhry was invited to speak at the Hong Kong Confederation of Insurance Brokers (HKCIB) seminar. The seminar was held over three days from 7th of February 2018 at the prestigious...

What to look out for in 2018 2018 is set to be a challenging year online with increases in cyber threats and the evolution of Australia's legislative landscape in relation to data breaches. The Notifiable Data Breaches (NDB) Scheme will commence in Australia on 22nd of February. The...

New Eligibility Risk Manager Appointed for Home Warranty The Home Building Compensation Fund have announced the appointment of Corporate Scorecard (Equifax Australasia Credit Ratings Pty Ltd t/as) to be its Eligibility Risk partner from the 7th of December 2017. QBE and RBUA will cease their involvement as of...

CRM Brokers wishes you and your family a very Merry Christmas and we look forward to seeing you in the New Year CRM Brokers offices are business as usual until 1pm Friday 22nd of December 2017, when we will close for Christmas and New Year's Eve. Our...

Frequently Asked Questions [vc_accordion active_tab="false" collapsible="yes" style="accordion" title="FAQ"][vc_accordion_tab title="How would an insurer know I am a small business so I am not charged duty on my policy?"][vc_column_text]An insurer will require the insured to provide a small business declaration. This is a declaration by the insured, in...

NSW Stamp Duty Exemptions In the 2017/2018 State Budget, the NSW Government announced that from 1st of January 2018 there would be an exemption for Stamp Duty on certain insurance products for small business. From 1 January 2018 small businesses are not liable to duty on certain...

Strata Building Bond and Inspections Scheme The new Strata Building Bond and Inspections Scheme is set to commence on 1 January 2018. The Scheme is a Government response to the City Futures Research Centre 2012 Report which found 85% of respondents, in buildings built since 2000, indicated...

CRM Brokers has partnered with Chubb Insurance to provide its clients with an instant online quote for personal travel insurance. Travelling without insurance is too great a risk to take. Your trip could be ruined by lost baggage, cancelled flights or because you or a family member become...

Massive data breach hits Australia A third party IT contractor breach has exposed 50,000 Australian personal records including full names, passwords, IDs, phone numbers, and email addresses as well as some credit card numbers and details on staff salaries and expenses. Human error is again the...

Stay Smart Online Week: Simple Steps to Online Safety CRM Brokers is encouraging its clients to make internet safety a top priority, by partnering with Stay Smart Online to promote to Stay Smart Online Week. The Theme for the tenth annual event is ‘simple steps to online...

What is a Hold Harmless Clause? In this update we look at a particular type of indemnity clause known as a “hold harmless clause” and what implications such clauses have for liability insurance coverage. We often come across indemnity clauses in contracts which require one contracting party...

Construction Law Review

Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.

How can cladding affect your insurance claim? Cladding is considered a popular material used to cover a building’s external wall or roof due to its light weight, architectural features, resistance to corrosion and many other benefits. A cladding material currently in focus is Aluminium Composite Panels...