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So suppose now we will be just charged a flat fee of $2,500 to ‘manage’ the insurance renewal.
I’m guessing that means, if the SM is claiming they have done work that deserves remunaration, then they have to show that a) the work was done and b) their efforts made a difference in getting the best policy for the owners.
It certainly opens the door for strata schemes to organise their own insurance cover then ask the SM to remove that fee for service charge.
Just be aware that this only applies to members of SCA-NSW and to contracts signed after January 1. You may have trouble convincing aa non-SCA-NSW strata manager to waive commissions and you will probably have a struggle getting some SCA members to adjust contracts that still have a couple of years to run.