More Fish for the Bucket [as I catch a few more strata insurance underwriters]
Since the Article All the Strata Insurance Underwriters in a Bucket: or, who's designing Australian strata insurance cover in this game … the bucket of strata insurance underwriters has changed a little bit.
First, Brooklyn Underwriting no longer operates in the strata insurance market. Nor does Express Insurance anymore.
So, they’re both out.
And, second, Chubb, who is one of the strata insurers for strata buildings with more than $50 million cover, also operates as an underwriter for Longitude for buildings needing insurance for less than $50 million of cover.
Plus, third and fourth, there a few more strata insurance underwriters as follows.
Hutch Underwriting
‘Hutch’s Residential Strata policy protects bodies corporate from Property and Liability claims. In an industry first, our innovative product offering includes cover against Cyber fraud and liability, as well as the usual suite of core and optional covers that clients have come to expect.’
https://hutchunderwriting.com.au/
Investment Insurance Solutions
‘Established in 2015, Insurance Investment Solutions is an independently owned underwriting agency that provides intermediaries with access to alternative distribution channels. With over 100 years of combined experience, our team has a substantial amount of knowledge in the insurance space – from broking and direct insurance, reinsurance to building development and risk surveying. We’re proud to be experts in our field. Our specialist product knowledge, combined with our innovative, whole of portfolio approach, has been a catalyst for our solid track record in writing profitable insurance business.’
So, we’ve updated the list in our article with their details.