Simple answer, yes, if you are classified as a community scheme.
According to this factsheet, looking at it from the other direction, the law has been changed so that “the members of a community scheme will also be able to agree to insure some or all of the buildings in a community scheme through the agency of the corporation if they wish (even though the buildings are generally owned by members and are not common property).”
If you still aren’t sure, this factsheet has the phone number of SA’s free strata advisory service.