BCB Blog
Understanding risks with ageing strata schemes
16 December 2024
As your building enters its senior years, insurers will focus on risks associated with vital components of the building infrastructure, like electrical and plumbing services where failure could be catastrophic.
Insurance requirements explained
20 November 2024
A strata scheme should consider more than just building insurance when reviewing its insurance needs.
The role of a strata committee
10th October 2024
A strata committee helps the owners’ corporation make decisions about the strata scheme. It administers the day-to-day running of the strata scheme community and is elected at each annual general meeting.
Do you understand your strata by-laws?
9th September 2024
Being a good resident of a strata community means following the rules set out in the by-laws. By-laws are specific rules adopted by the strata committee and relate only to that property and its residents.
How do we respond to Australia’s unpredictable weather?
15th August 2024
Although October to April is when Australia typically experiences the most bushfires, heatwaves, floods and tropical cyclones, severe weather can occur at any time.
Will Artificial Intelligence take the insurance sector by storm?
25th July 2024
Customers are increasingly drawn to products and services that reduce complexity, are easy to engage with and are offered by businesses that build trust.
Strata terminology across Australia
6th June 2024
Although there are strata communities across all states and territories in Australia, the legislation that governs them and the language used to describe them is different.
To relieve some of the confusion, we’ve outlined the common terms and their variations in our quick reference guide.
Are you thinking of buying an electric vehicle?
12th March 2023
Demand for electric vehicles (EVs) in Australia is growing, with the EV market share increasing by 65% in 2022 to 3.39% of new light vehicle (car) sales1. While this lags other developed nations, such as the UK, where one in five new cars sold is electric, we know demand in Australia will continue to increase. Moderate estimates predict EVs will represent 49% of total vehicle sales by 2030, and 100% of total vehicle sales by 20402.
Cyber Security
22nd February 2023
Australian businesses and individuals face a growing threat from data breaches, and email and SMS text messaging scams. With 20 times* more data breaches than the global average, both businesses and individuals in Australia need to be extra vigilant to protect themselves from cyber fraud.
Don’t fall into the underinsurance trap!
18 July 2021
If you don’t know your rebuild cost from your replacement value, then you could find yourself without adequate insurance cover. By obtaining a comprehensive property valuation, you know exactly how much insurance is enough.
What you need to know about strata insurance
15 November 2022
When you’re trying to navigate the complex world of strata insurance, you’re bound to come across a lot of technical terms and industry jargon.
We’ve simplified the main things you need to know below.
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Why Choose BCB?
BCB is Australia’s largest specialist strata insurance broker and one of the 475 strong Steadfast Group member network.
With over 25 years’ experience partnering with strata managers, BCB offers scale, market leading technology and technical expertise for strata and community living property and related insurances.
Working in the interests of the owners, BCB provides dedicated broking resources and a full market solution, complimented in-house claims expertise, including for large and catastrophic events.
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