Back in May 2022, we wrote about Why are Strata Insurance Excesses Increasing and discussed standard minimum excesses being increased to $1,000 across a number of insurers. Recently CHU Underwriting Agencies distributed an important update for their policyholders in relation to this, which we have...

CRM Brokers announce the Strata Services Business Award 2022 On Friday 29 July, the strata industry gathered at The Star for the annual SCA (NSW) CHU Strata Community Awards. When presenting the CRM Brokers’ Strata Services Business Award, Damien Coorey, affirmed our commitment to the strata industry...

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. Clean Green Strata Facilities Management Strata Energy Services The Shower Repair Centre The winner...

Claims Procedures for Strata Managers The Strata Manager is to complete the online Strata Claims Notification Form or email their completed form to [email protected]. A CRM Brokers' Claims officer will assess the submission prior to lodging the claim with the insurer. The insurer upon receipt of the claim...

Why are strata insurance excesses increasing? A trend found across strata insurance (both for new business and renewals) is that there’s an increasing number of insurers raising their standard minimum excess, so that it is now $1,000 for all claims. The common factors amongst underwriting agencies use...

The Importance of Maintenance in Strata Buildings Steadfast Group has provided feedback on a common theme that keeps re-emerging in Residential Strata claims. A poor standard of maintenance and known maintenance defects are a major contributor to or cause of losses, particularly in older strata buildings. This...

It's once again time to celebrate the achievements of the businesses and individuals in the strata industry SCA (NSW) recognises excellence in the NSW strata industry at the Annual CHU Strata Community Awards for Excellence. Across eleven categories, the annual Awards recognises and rewards businesses and individuals...

What a La Niña event means for property and business insurance The Bureau of Meteorology (BOM) recently declared Australia is on La Niña watch, which means we may be in for another extremely wet summer. Australia is well known for its extreme weather conditions. Bushfires. Floods. Cyclones....

CRM Brokers announce the Strata Services Business Award 2021 On Thursday, 25 November, the strata industry checked in to the Hyatt Regency for the annual SCA (NSW) CHU Strata Community Awards. Presenting the CRM Brokers’ Strata Services Business Award, Gordon Bell, Chief Operating Officer, commented on the...

CRM Brokers among the IBA 2021 Excellence Awardees We’re excited to announce that CRM Brokers is the recipient of two Excellence Awards, for the Insurance Business Awards 2021, in the following categories; QBE Insurance Brokerage of the Year (20+ staff) CHU Underwriting Specialist Brokerage of the Year   This continues 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. Bannermans Lawyers Brushwood Fencing Australia Lannock Strata Finance Havencab Property Group   While the SCA...

Supporting Strata Managers as Insurers’ Risk Appetites Tighten Over the past twelve months, the Australian strata insurance market has experienced several significant catastrophes, including a global pandemic. This, coupled with the continuing risk of non-conforming cladding and a widespread concern around defects and a lack of...

CRM Brokers announce the Strata Services Business Award 2020 On Friday 23rd of October, the strata industry gathered at the Hyatt Regency for the annual SCA (NSW) CHU Strata Community Awards which was also live streamed online. The CRM Brokers’ sponsored Strata Services Business Award is designed...

Damien Coorey joins the Insurance Business Australia Awards Panel Damien Coorey, Director, has been invited to share his knowledge and experience on leadership, customer service and sales success strategies on the QBE Insurance Brokerage of the Year (>20 Staff) Panel. In this panel, the leaders of...

A raft of new legislation came in force earlier this year, 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...

Finalists Announced for the Strata Services Business Award The SCA (NSW) CHU Strata Community Awards Night has adapted to these unusual times and for the first time will be broadcast online with finalist in attendance. The independent judging process has been finalised and the results are in!...

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...