Strata Disruption

Strata Disruption

Does your Executive Committee fully understand the financial arrangement between your insurer, your strata manger and any insurance company or broker they may be associated with?

 

Are you aware of the true commissions, fees and any other remuneration that you paid along the way with your strata insurance premium?

 

What if we were to show your Executive Committee how to greatly reduce your strata insurance premium – without any disadvantage to the Strata EC or even any changes to your insurer?

It goes without saying that better premiums are what strata clients are after… find out how you can make significant savings for your comittee and tennants and discover the new standard in strata insurance…

Uber changed the taxi industry & AirBnb turned property rentals on their head. Now it’s our turn…


At Ian Jones Insurance Brokers, we are looking to ‘disrupt’ – the traditional way in which Strata Insurance is dealt with. A more transparent offer where the Strata Executive Committee takes control over what their a insurance costs are and what commissions and fees are paid.

 


Free your strata costs and take control with an upfront fee and no commissions paid to third parties. Full claims management included. Attendance at 1 Strata meeting per year as required to discuss or answer any Executive Committee or Unit owner enquiry. Your Strata will be assigned a personal account broker as any first point of contact.

Sounds great! How does it work?

Under normal insurance arrangements a strata manager, places the insurance either direct with an insurer they deal directly with, or through an insurance broker. Commissions are paid and dealt under an arrangement between the parties

 

Under our fee structure, we would be offering terms to Strata from insurers NET of ANY commissions which in effect will reduce your strata insurance premiums. NET-Strata

 

At Ian Jones Insurance, we charge a flat fee direct to the body corporate as a % of the total premium your strata pays – 7.5% (+GST)

 

Regardless of which strata insurer you are currently with, the same premium reduction methodology applies.

Here’s an actual Premium Example

Standard Practice

Total Gross Strata insurance premium
$71,025.00

Under our ‘NET-Strata’ terms

(in other words… exactly the same policy);
Total Strata insurance premium
$55,844.71
Total fee charged
$4,188.35 + $418.83(GST) = $4,607.18

Total insurance cost to the strata

$60,451.89
That’s a real saving to the
Executive Committee of
14.89% or $10,573.10!

Amazing! What next?

Call 02 4910 3900 to discuss your options or arrange a meeting or email us at
strata@ianjonesinsurance.com.au and find our what you can save for your committee and unit owners.

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