New process for lodgement of strata building bonds NSW Fair Trading has provided an update on the new process for lodgement of strata building bonds. Starting 1 September 2020, there is a new process for the lodgement of the 2% strata building bond. Lodgement is to be...

Voluntary Workers: At A Glance Even before COVID-19 impacted us all, Owners Corporations would be, from time-to-time, looking for ways to save some money. This often was in the form of residents volunteering to complete simple tasks around the property. Lately, we have received an increased number...

On 11 June 2020 new legislation came in force aimed at improving regulation in the residential building industry. The legislation has far-reaching implications and will impose new obligations on builders, developers, designers, product manufacturers & suppliers, certifiers, installers, sub-contractors, supervisors, etc; particularly in regards to...

Nominations have now re-opened for the Strata Services Business Award CRM Brokers is pleased to continue our sponsorship of the Strata Services Business Award. This year the SCA (NSW) Strata Community CHU Awards has been rescheduled and combined with the Convention. The Strata Services Business Award is...

New Workplace Safety Laws prohibit insurance against WHS fines The enforceability of insurance policies to cover Work Health and Safety (WHS) fines has often been a topic of discussion. As of 10 June 2020, insurance and indemnity arrangements for WHS fines are now prohibited in New...

Common Misconceptions about Cyber Exposures Cyber Insurance is designed to address the exposures businesses face when using the internet, email, websites, computer programs and in particular from storing private information about their clients and staff. We often hear that businesses do not consider cyber insurance because they...

Why Claims Matter to Brokers Many insurance brokerages say they understand the importance of having a prompt and efficient claims service. Then, a major loss occurs and reality kicks in. The broker’s claims team become distracted and are busy coping with a high volume of new,...

Finity Insurance Market Report - May 2020 We are pleased to share with you the third edition of the Finity Insurance Market Report, which has been produced exclusively for the Steadfast broker network by Finity Consulting. This report provides an update on the Australian insurance market with...

Construction Law Review - March

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

General advice on temporary business closures during COVID-19 With many COVID-19 government restrictions now in place, we recognise the challenges faced by our clients as buildings are forced to either close or operate in a limited capacity into the foreseeable future. From a risk management perspective, Zurich...

Cyber security is essential when preparing for COVID-19 Businesses around the country are looking at ways to protect their staff and vulnerable members of the community from the COVID-19 pandemic. Instructing their staff to work remotely may be one way of minimising the spread of the virus....

Supporting each other. It's what friends do The Australia China Business Council (ACBC) launched a national campaign to show support for China during the global humanitarian crisis caused by the coronavirus. The campaign has been supported by member businesses, such as ourselves, and government groups across Australia. “Australia...

CRM Brokers among the finalists for the 2020 Insurance Business Australia Awards The finalists for this year's Insurance Business Australia Awards have been announced. The event defines excellence in the insurance industry, recognising the achievements of outstanding brokers, brokerages, insurers, underwriters and industry leaders across a range...

Frequently Asked Questions: Strata Insurance Major Loss During the recent catastrophic weather events, our claims team received a range of important questions from strata managers and lot owners. We have compiled these into a list of Frequently Asked Questions and a Summary of Additional Benefits table that...

Professional Development: Wet Area Waterproofing Code Requirements and Common Defects Today we welcomed Mark Williamson of CRD Building Consultants & Engineers to our office to discuss common defects found with Wet Area Waterproofing with our claim and strata teams. Waterproofing materials and techniques along with general building methods...

Construction Law Review - December

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

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 12pm Tuesday 24th of December 2019, when we will close for Christmas and New Year's Eve....

Contractual Insurance Clauses – Is Erect Safe still good law? Introduction It is often the case in multi-party claims that a contractual relationship will exist between one or more defendants or third parties. Where those arrangements are reduced to writing, the contract will almost invariably contain insurance...

Construction Law Review - November

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