Are there any specific insurance considerations for strata schemes facing emerging risks like climate change or cyber security?

May 13, 2024 ... In this article, let's meet the 18 insurance underwriters strata citizens players will come across. Jan 23, 2025 ... There are many specific requirements for insurance in strata schemes but as a general rule all insurances are taken out by the body corporate. Strata Insurance Final Report. Read BCFSA's report into B.C.'s unhealthy strata insurance market. · Consumer Alerts. Alerts are published by the BC Financial ... It typically covers common areas like hallways, gardens, roofs, and shared facilities. The insurance provides financial protection against damage, theft, or ... The privacy and security policies of external websites will differ from those of Strata Credit Union. Federally Insured by NCUA External Website. Equal Housing ... Strata Insurance provides cover for the common, or shared areas of apartment buildings or townhouse complexes. As well as insuring the building itself, ... Aug 29, 2024 ... Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. With insurance rates for condos and townhouses climbing 50 to 300 percent – and in one case nearly 800 percent – condo and townhouse owners in BC are worried. Jul 4, 2023 ... Strata insurance is structured to protect common contents and property under a strata title or body corporate entity. Mar 21, 2022 ... Strata insurance is designed to cover all shared elements of a strata building or property. The following list outlines commonly accepted strata insurance ...