› Flat Chat Strata Forum › The Professionals › Conflict of Interest – Insurance › Current Page
17/08/2011 at 10:51 am
#13548
For what it's worth, years ago our EC raised the subject of strata managers getting “kickbacks” and, as a result was able to get a better rate from a better insurance company and the strata manager still got their commission.
How does that work? I think it's because good strata managers will recommend low-risk clients to low-cost, high coverage insurers. It's one of those very rare win-win-win situations and it certainly worked for us.