Strata Archives - InsuranceAsia News https://insuranceasianews.com/line_of_business/strata/ Thu, 18 Sep 2025 07:39:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Crawford Australia expands strata team with double appointment https://insuranceasianews.com/crawford-australia-expands-strata-team-with-double-appointment/ Thu, 18 Sep 2025 04:28:13 +0000 https://insuranceasianews.com/?p=200265 Julio Agati and Ujjwal Gurung are part of Crawford's expansion of its dedicated strata team.

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Crawford Australia has announced the appointments of Julio Agati and Ujjwal Gurung as strata external claims adjusters, according to a LinkedIn post.
Sydney-based Agati and Gurung are part of Crawford...

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]]> New South Wales strata managers to phase out insurance commissions https://insuranceasianews.com/new-south-wales-strata-managers-to-phase-out-insurance-commissions/ Wed, 03 Sep 2025 05:13:02 +0000 https://insuranceasianews.com/?p=199076 Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.

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The Strata Community Association in New South Wales, Australia, has said that its members will phase out insurance commissions, starting from January 1.
It said commissions would be replaced with a co...

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]]> Australian MGA IIS expands business to New Zealand, names Gert Stander as head of operations https://insuranceasianews.com/australian-mga-iis-expands-business-to-new-zealand-names-gert-stander-as-head-of-operations/ Mon, 04 Aug 2025 08:54:27 +0000 https://insuranceasianews.com/?p=196764 Australian MGA is specialised in strata, commercial and community property insurance.

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Australian MGA Insurance Investment Solutions (IIS) has expanded its footprint into New Zealand, appointing Gert Stander as its head of operations.
IIS is a specialist underwriting agency founded in 2...

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]]> Crawford promotes Brendan Ames in Australia https://insuranceasianews.com/crawford-promotes-brendan-ames-in-australia/ Fri, 14 Mar 2025 03:05:33 +0000 https://insuranceasianews.com/?p=178519 He has been handed the role of strata strategic partnership manager and senior loss adjuster, having been with Crawford since February 2020.

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Crawford & Company has promoted Brendan Ames to strata strategic partnership manager and senior loss adjuster in Australia, according to a LinkedIn update.
Ames (pictured) has been with Crawford s...

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]]> Australian carriers call for fee transparency, better land use planning to address strata affordability https://insuranceasianews.com/australian-carriers-call-for-fee-transparency-better-land-use-planning-to-address-strata-affordability-ica/ Thu, 28 Nov 2024 07:07:38 +0000 https://insuranceasianews.com/?p=170824 The Insurance Council of Australia has made 17 recommendations in a policy paper released to help improve outcomes for consumers in strata complexes.

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Australian insurers have made 17 recommendations to de-risk strata complexes in a policy paper “Improving consumer outcomes for strata communities” released by the Insurance Council of Australia (ICA)...

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]]> Australia financial services minister defends brokers commisions https://insuranceasianews.com/australia-financial-services-minister-defends-brokers-commisions/ Tue, 22 Oct 2024 07:35:54 +0000 https://insuranceasianews.com/?p=165270 Minister Stephen Jones confirms that broker commissions are safe and they are not the issue at the heart of the recent allegations from the Australian Broadcasting Corporation on hidden fees and secret kickbacks in the strata industry

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Australia’s minister of financial services, Stephen Jones, has confirmed at a convention on October 11 that broker commissions are safe, despite calls from some industry stakeholders, including the Au...

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]]> New South Wales passes tougher strata law to restore confidence https://insuranceasianews.com/new-south-wales-passes-tougher-strata-law-to-restore-confidence/ Fri, 20 Sep 2024 09:02:06 +0000 https://insuranceasianews.com/?p=163118 The new law bans managing agents from receiving a commission on insurance products when they don’t play a role in finding the best deal for residents, as it seeks to crack down on agents who do not properly declare conflicts of interests.

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The parliament of New South Wales has passed new strata laws that bans managing agents from receiving a commission on insurance products when they don’t play a role in finding the best deal for reside...

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]]> Steadfast refutes ABC’s allegations of kickbacks, misleading customers https://insuranceasianews.com/steadfast-refutes-abcs-allegations-of-kickbacks-misleading-customers/ Tue, 10 Sep 2024 02:15:55 +0000 https://insuranceasianews.com/?p=162433 The Australian broker said that it is "disappointed that important information has been selectively presented” in a recent media report about its practices in strata insurance.

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Australian broking group Steadfast Group has refuted the allegations of kickbacks and misleading customers raised by an investigative report published by the Australian Broadcasting Corporation on Sep...

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]]> ACCC chair calls for strata commission ban as media report alleges Steadfast misled clients via opaque schemes https://insuranceasianews.com/accc-chair-calls-for-strata-commission-ban-as-media-report-alleges-steadfast-misled-clients-via-opaque-schemes-report/ Mon, 09 Sep 2024 05:04:15 +0000 https://insuranceasianews.com/?p=162302 The broker's shares on the ASX entered a trading halt pending it releasing an announcement following the allegations by ABC in its investigative report.

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Australian broker Steadfast Group has been part of opaque schemes that give strata management firms a cut of fees that apartment owners pay, after the Australian broking group was found misleading cli...

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]]> AUB launches third strata MGA Rubix Underwriting as division’s pre-tax profit surges 58% https://insuranceasianews.com/aub-launches-third-strata-mga-rubix-underwriting-as-divisions-pre-tax-profit-surges-58/ Fri, 23 Aug 2024 08:20:50 +0000 https://insuranceasianews.com/?p=161160 The new entity will have Lloyd's as the capacity provider and will allow the broker to grow its strata portfolio which already includes brands SUU and Longitude. 

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Australian broker AUB Group has rolled out its third commercial strata managing general agent (MGA) Rubix Underwriting to strengthen its agency services, according to a broker press release. 
Lloyd’s ...

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