News & Insights

Latest news, insights and helpful tips for the whole strata community.

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Spring Clean your Strata Property: Tips for Maintenance and Defect Management

Date Published: 19 October 2023, updated 16 October 2024

Preven…

The benefits of using a strata manager

Date Published: 15 September 2024, updated 11 October 2024

Mana…

Understanding the Risk of Underinsurance for Strata Property Owners

Date published: 21 December 2022, updated 17 September 2024

Und…

Do I need building insurance in a strata unit?

Date published: 19 July 2023, updated 4 September 2024

Are you …

Is your strata property maintenance up to scratch?

Date published: 26 October 2021, updated 28 August 2024

Regula…

Flexing the benefits of the new Flex Insurance Agreement with Lloyd’s

Following our recent announcement that Flex Insurance is changin…

What Strata Means

Date published: 5th April 2023, updated 6th August 2024

What is…

Understanding Strata Committee: Roles, Responsibilities, and Insurance Necessities

Date published: 14/07/2024, updated 25/07/2024

What is a strata…

Announcement: Flex Insurance enters into binding authority from certain underwriters at Lloyd’s

Following five years in the Australian residential strata market…

CHUiSAVER Underwriting Agency Pty Ltd (ABN 85 613 645 239, AFSL 491113) trading as Flex Insurance acts under a binding authority as an agent for certain underwriters at Lloyd’s and QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545), the insurers of the products.

Terms, conditions, limits and exclusions apply to the products referred to above. Any advice contained on this website is general advice only and has been prepared without taking into account your objectives, financial situation or needs. Before making a decision to purchase the product or to continue to hold the product we recommend that you consider whether it is appropriate for your circumstances and read the Product Disclosure Statement (‘PDS’), Target Market Determination (‘TMD’) and Financial Services Guide (‘FSG’), which can be which can be viewed on this website or obtained by contacting Flex Insurance directly.

Flex Insurance is a wholly owned subsidiary of CHU Underwriting Agencies Pty Ltd (ABN 18 001 580 070, AFSL 243261) (‘CHU’). CHU is a wholly owned subsidiary of Steadfast Group Ltd (ABN 98 073 659 677) (‘SGL’). SGL may receive a professional services fee (‘PSF’) from insurers, premium funders and underwriting agencies such as Flex Insurance and CHU (‘Partner’) for access to regulatory and compliance support; marketing and communications; data insights; and access to technology platforms. The PSF is an agreed amount between SGL and the relevant Partner, usually annually. The PSF is not determined by the volume of the business that the Steadfast Network brokers place, nor is the amount of the PSF known to the Steadfast Network Brokers, so it is not able to influence recommendations to their clients.

Flex Insurance may have access to shared services from SGL, including: compliance tools; procedures; manuals and training; legal; HR banking; and group purchasing arrangements. These services are funded by SGL, subsidised by SGL or SGL receives a fee for them. SGL’s FSG is available at www.steadfast.com.au or on request by telephoning SGL’s Company Secretary on +61 2 9495 6500.

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