Our team of Property experts are dedicated to working with you to provide effective solutions and outstanding service for complex medium-hazard risks. We have capacity of up to $55M LOL under our Industrial Special Risks (ISR) policy, and can participate 100%, or provide coinsurance support. Experience Pen Underwriting’s unmatched expertise in providing tailored coverage and competitive pricing on both our Epac policy for smaller limits/declared values ($2.5M or less) to our ISR offering.
Property and Casualty insurance from CFC offers comprehensive protection for businesses against physical loss, damage, and third-party liability. Covering everything from fire and theft to public liability and business interruption, it’s designed to keep operations running smoothly after unexpected events. With tailored policies and expert claims support, CFC helps businesses manage everyday risks and recover quickly from unforeseen disruptions.
CHU's Landlord Insurance is tailored for property investors renting out strata units, apartments, villas, or townhouses. It offers coverage for landlords' contents within the unit, such as appliances and furniture, against accidental loss or damage. Additionally, it protects against rental-specific risks like loss of rental income due to tenant departure or default, tenant-caused damage, and liability for injuries occurring within the rented unit.
CHU's Contents Insurance for Strata offers comprehensive coverage for residents of apartments, units, villas, and townhouses, safeguarding personal belongings like clothing, electronics, furniture, and jewellery against risks such as theft, accidental or malicious damage, water damage, fire, and storms. The policy also includes legal liability protection, ensuring financial security in unforeseen circumstances.
A Residential Strata Plan involves properties like apartments, units, villas, and townhouses where multiple owners share ownership of common areas such as driveways, lifts, and pools. In Australia, legislation typically requires these properties to maintain strata insurance, covering common property against events like theft, storms, water damage, fire, and accidental or malicious damage. Additionally, this insurance provides liability coverage for personal injuries related to the insured property.
A Commercial Strata Plan pertains to strata-titled properties primarily used for commercial purposes, such as office buildings, shopping centres, or industrial estates. In Australia, legislation mandates that these properties maintain strata insurance to cover common areas like driveways, lifts, and stairwells against damage or destruction. Additionally, this insurance provides liability coverage for personal injuries related to the insured property.
A Community Association Plan refers to a subdivision of land where owners share common property and facilities, such as roads, utilities, swimming pools, or tennis courts. These associations can encompass large estates with standalone residential homes or mixed-use developments combining commercial, residential, and retail lots. Terminology varies across regions: in Western Australia, it's known as a Survey-Strata Scheme; in South Australia, a Community Corporation; in QLD, Standard Format Plan subdivisions
Build-to-rent developments involve residential properties where all units are retained by a single owner, such as a developer or investment entity, and leased directly to tenants without individual sales. These properties are not registered as strata titles and do not have a body corporate.
Flex Insurance’s Residential Strata Plan insurance provides tailored coverage for strata-titled properties, including apartments, townhouses, and multi-unit dwellings. It covers building damage, common property, and legal liability, ensuring comprehensive protection for owners and residents. Optional extras like machinery breakdown, catastrophe cover, and voluntary workers insurance offer added protection. Designed for flexibility, it supports the unique needs of residential strata communities across Australia.
Flex Insurance offers customizable residential strata insurance, allowing property owners to tailor coverage to their specific needs. Standard policies include protection for buildings and common areas against loss or damage, as well as liability coverage for personal injury or property damage claims. Optional add-ons include coverage for voluntary workers, machinery breakdown, and catastrophe insurance, providing comprehensive protection for strata properties.