Professional Indemnity for Strata Managers

We are geared towards working 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 fulfill their insurance delegated authority.

 

In addition, we will arrange your insurance, such as Business Insurance and Public Liability, or review your existing policies to ensure compliance of various regulations.

 

Our new Strata Managers Professional Indemnity Policy covers a wide range of risks and includes the following benefits:

  • Competition & Consumer Legislation
  • Defamation
  • Intellectual property
  • Claims Preparation Costs
  • Compensatory Penalties
  • Continuous Cover
  • Court Attendance Costs
  • Emergency Defence Costs
  • Enquiry Costs – $250,000
  • Extended Reporting Period
  • Franchisors’ Indemnity
  • Fraud and Dishonesty
  • General Insurance Distributor
  • Joint Venture Liability
  • Loss of Documents
  • Newly Created Subsidiaries – 30 days
  • Run Off Cover Insured Entity
  • Sub-Contractors

 

 

In addition, we will arrange your insurance, such as Business Insurance, Public Liability or review your existing policies to ensure compliance of various regulations.

Professional Indemnity Combined with Public Liability & Management Liability

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 increasing litigious environment, it is these exposures that can have an immense financial strain on a business in the event of a claim.

 

CRM Brokers can 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.

 

Click here to fill out the Strata Managers’ Professional Indemnity combined with Public Liability & Management Liability Proposal.

 

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]