For insurance agents and property managers, ensuring compliance with the Strata Management Act is not merely a regulatory requirement—it is an important risk management measure that protects the collective interests of all parcel owners.
A hotel fire can cause far more than physical damage. While fire insurance helps repair or rebuild the property, the greatest financial impact often comes from the loss of business during the recovery period. This is why comprehensive fire insurance and consequential loss protection are essential.
EV insurance may sometimes cost slightly more than petrol car insurance, but the additional protection is crucial for helping EV owners avoid costly surprises in the future.
Project insurance (i.e., Contractors’ All Risks, Erection All Risks) — whether for construction, engineering, infrastructure, or large commercial works — is built on one critical principle: utmost good faith.“ Full and transparent disclosure is not optional — it is essential. “
Many families travel back to their hometowns, leaving their houses empty for several days. While this is a joyful time for reunion and celebration, it also increases the risk of unexpected incidents at home.