13 Feb Stretch your Insurance Package further than ever!
Strata Managers can now add Public Liability & Management Liability to their Professional Indemnity insurance program
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 uninsured. In an increasingly litigious environment, it is these exposures that can have an immense financial strain on a business in the event of a claim.
CRM Brokers has the resources to work with Strata Managers of all sizes, ranging from those that have individual strata plans to those who manage thousands of various commercial, residential and community associations plans. As part of our standard services, we will arrange tenancy and building surveys (where required), to ensure the insurer has correctly rated the exposures for a particular strata plan. We can also assist the Body Corporate by arranging property valuations to help fulfil their insurance-delegated authority.
We now offer a tailored Professional Indemnity policy for Strata Managers, combined with Public Liability and Management Liability, protecting your business from a wide range of common liability exposures that you may face.
Professional Indemnity
Designed to protect you and your business where you provide professional advice or a service to your clients or customers.
Public Liability
Designed to cover an insured from its liability to third parties arising from its business operations.
Management Liability
Protects the directors and officers and the company itself from the many exposures relating to the management of a company.
Although insurance premiums are a major expense, the claims process is an essential part of your insurance cover and we fully understand the need for efficient, seamless and fast processing of claims. In the event that you need to make a claim, we will work with you to submit comprehensive information to the assessors and ensure the best possible outcome with the minimum of disruption to you. CRM Brokers employs a dedicated in-house claims team to help ensure a high standard of accuracy when dealing with insurers and discussing potential issues and claims.
As well as having direct contact with our in-house claims team, we also provide an online claim notification service, which becomes extremely useful when claims are notified ‘on the run’ or after-hours.
For more information or to discuss which policy would best suit your needs, please contact us on 1300 880 494 or e-mail us at [email protected]
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Important Notice
This article provides information rather than financial product or other advice. The content of this article, including any information contained in it, has been prepared without taking into account your objectives, financial situation or needs. You should consider the appropriateness of the information, taking these matters into account, before you act on any information. In particular, you should review the product disclosure statement for any product that the information relates to it before acquiring the product.
Information is current as at the date the article is written as specified within it but is subject to change. CRM Brokers make no representation as to the accuracy or completeness of the information. Various third parties have contributed to the production of this content. All information is subject to copyright and may not be reproduced without the prior written consent of CRM Brokers.
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