Insurance Commissions

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  • 19/09/2011 at 9:27 am #7666 Reply | Quote
    rusty25

      Our Body Corporate has 4 contracts which cover the major cost items for the unit block. Three of these were negotiated direct with the contractors at better rates & conditions than the Strata Manager could achieve & are administered by him within his Annual Fee.

      The fourth is Insurance which has been arranged by the Strata Manager through an Insurance Broker both of whom receive commission. The desire is to eliminate both commissions.

      Advice has been received that Insurance Coys. will not deal direct with Body Corporates. Is this correct?

      If not could you advise which Coys. are prepared to deal direct?

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    Reply To: Reply #13812 in Insurance Commissions
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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