How can strata committees prepare for and mitigate these evolving risks?

Dec 16, 2024 ... This guide outlines essential changes in how SCA members disclose strata insurance practices. At Vantage Strata, we're proud to follow this guide. We have more than five decades of strata insurance experience across six countries – so we know how to reduce the significant financial risks in getting the ... The strata insurance policy provides property coverage for Common Property, including any buildings shown on the strata plan, the common assets and any ... Aug 29, 2024 ... Marsh McLennan is the leader in risk, strategy and people, helping clients navigate a dynamic environment through four global businesses. Strata Insurance provides cover for the common, or shared areas of apartment buildings or townhouse complexes. As well as insuring the building itself, ... Strata insurance is a type of insurance that covers common property, common areas, and shared assets in a strata-titled property. Strata insurance policies are ... Strata insurance covers the common areas and shared facilities of your building, while building insurance covers the structure of the buildings and your ... Strata insurance usually includes cover for common areas such as gardens, lifts, walls, windows, pools, ceiling, floors and some liability cover for injury to ... Who should consider it? Strata insurance is a compulsory in every state - so if you're part of an owners' corporation in a townhouse, unit, flat, apartment or ... We offer insurance for all strata risks, including: Our product strives for market leadership through its innovative features, superior quality and pricing ...