SCA NSW has prepared some infographics from its sponsored Deakin research.
Here we’re featuring the supply chain they’ve identified strata insurance which includes 7 key stakeholders:
Reinsurers
General Insurers
Strata Insurance Underwriters
Insurance Brokers
Strata Managers
Valuers
Strata Buildings & Committees
So, the strata building consumer is the last player [after 6 others have been involved], the only one spending money, the only non business organisation, and with the least informed.
Does this tell us all we need to know about the challenges with strata insurance ?
We’ve published Dr Nicole Johnson’s report A data-driven holistic understanding of strata insurance in Australia and New Zealand in the Daily Post An [Independent?] Report about Australian & New Zealand Strata Title Insurance.