Why Strata Plus Introduced a No-Commission Insurance Model Ahead of Legislative Reform
The strata sector is currently undergoing significant reform. One area receiving particular attention is insurance commissions. For many years across the industry, strata managers have received commissions from insurers or brokers when arranging insurance policies for strata schemes. These commissions were typically built into the insurance premium and used to cover the work involved […]
NSW Strata Legislation Updates You Should Know – How Strata Plus Will Help Your Strata Scheme Get Ready
The NSW Government has rolled out significant NSW Strata Legislation reforms and it’s reshaping how owners corporations, committees, strata managers and building managers operate across Sydney and New South Wales. These new legislation changes introduce new expectations around maintenance compliance, levy collection, financial hardship support, and building manager disclosure, changes that every scheme will need […]
Strata Insurance Market Update
Strata committees can responsibly invest Capital Works Funds in term deposits to earn better returns—boosting value without compromising compliance.
Decennial liability insurance for new apartments
DLI is an insurance product that enables owners corporations to have serious defects fixed on critical building elements up to ten years after an apartment building is first occupied.
