Commercial Strata Insurance – Market Update & Disclosure Best Practice
About
In today’s insurance market, many insurers are becoming increasingly cautious when it comes to quoting on commercial & ‘mixed-use’ strata properties. This is particularly true for properties with high-risk tenants or limited risk profile information.
Insurers rely heavily on accurate, up-to-date information to assess the risk associated with a property. Without this, many insurers may decline to offer terms or apply significantly higher premiums and excesses.
This session, presented by Damon Casci, will provide important updates about current strata insurance market conditions, insurer ‘appetite’ and best-practice solutions to manage insurance exposures & costs.
Key takeaways:
- What is commercial strata insurance?
- Why insurers are reluctant to quote
- Key risk information required
- What happens if risk information is incomplete?
- How the Lot Owner and OC Committee can assist the Strata Manager and Insurance Broker
Presenter: Damon Casci, National Strategic Partnership Manager, Whitbread
CPD: 1
Date
Friday 8 August 2025 10:00 AM - 11:00 AM (UTC+10)Location
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