Insurance for Strata :: News
SHARE

Share this news item!

CHU Unveils Indicative Pricing Tool to Streamline Broker Services

New Feature Offers Immediate Premium Estimates for Enhanced Client Support

CHU Unveils Indicative Pricing Tool to Streamline Broker Services?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

CHU Underwriting Agencies has introduced an indicative pricing feature designed to provide brokers with immediate, non-binding premium estimates.
This innovation aims to improve pricing visibility and reduce delays in the quoting process, enabling brokers to deliver better outcomes for their clients.

Kimberley Jonsson, CEO of CHU, highlighted that waiting for final underwriting responses is a common pain point for brokers. By offering immediate price visibility, the new functionality allows brokers to add more value for customers and spend more time supporting strata communities.

This development underscores CHU's commitment to practical innovation that addresses bottlenecks in both coverage and process. Brokers are encouraged to utilise this new tool to enhance their service efficiency and client satisfaction.

Published:Thursday, 7th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Why Apartment Defect Scrutiny Matters for Strata Insurance
Why Apartment Defect Scrutiny Matters for Strata Insurance
12 Aug 2026: Paige Estritori
Renewed attention on apartment building defects is a timely reminder that strata insurance is not assessed in isolation from the physical condition of a scheme. For owners corporations and body corporates, the issue is not only whether cover is in place, but whether the building can be clearly presented to insurers as a well-managed and understood risk. - read more
What APRA’s Latest Insurance Data Means for Strata Renewals
What APRA’s Latest Insurance Data Means for Strata Renewals
04 Aug 2026: Paige Estritori
APRA’s latest general insurance performance data has added a useful layer to the conversation about strata insurance affordability. The figures point to a sector that is financially stronger than it was during the most volatile phase of recent weather, claims inflation and reinsurance pressure. However, for owners corporations and body corporates, this should not be read as a signal that premiums will automatically ease at the next renewal. - read more
What Rising Insurance Complaint Pressure Means for Strata Communities
What Rising Insurance Complaint Pressure Means for Strata Communities
28 Jul 2026: Paige Estritori
Fresh complaint data from the Australian Financial Complaints Authority has delivered a timely reminder that the pressure in general insurance is not only about the price of cover. For strata communities, the bigger issue is often what happens after a major loss: how quickly responsibility is accepted, how well repair scopes are documented and whether residents understand the limits of the policy before a dispute emerges. - read more
New CHU Green Grants Signal a Shift for Strata Risk
New CHU Green Grants Signal a Shift for Strata Risk
21 Jul 2026: Paige Estritori
CHU Underwriting Agencies has launched its inaugural Green Grant Program, distributing $50,000 across seven strata communities on 16 July 2026. The initiative is modest in scale, with grants capped at $10,000 per successful application, but it points to a larger change in the way strata insurance risk is being discussed. Instead of focusing only on premium increases after extreme weather or building losses, insurers are increasingly looking at practical ways to reduce risk before claims occur. - read more


Strata Insurance Articles

Decoding Strata Insurance: Key Terms and Perspectives
Decoding Strata Insurance: Key Terms and Perspectives
Strata insurance is a vital component of property ownership in Australia, particularly for those involved in apartment living or owning units within a shared building. It provides financial protection against various risks, ensuring that common areas, building structures, and shared amenities are covered in the event of damage or loss. This type of insurance is not just a safeguard for individual owners but a legal necessity, mandated by Australian law. - read more
When to Involve a Broker: Navigating Insurance Claims in Strata Properties
When to Involve a Broker: Navigating Insurance Claims in Strata Properties
If you own a strata property, understanding your insurance is crucial. Strata insurance is a specific type of cover that protects shared and common property under a strata title or body corporate arrangement. This can include everything from the building itself to shared driveways, gardens, pools, or car parks. - read more
The Role of Executive Committees in Managing Strata Insurance
The Role of Executive Committees in Managing Strata Insurance
Strata insurance is a type of cover specifically designed for properties where multiple individuals own individual units within a larger complex. It plays a vital role in protecting these complexes financially by covering buildings and common property from potential risks. For property owners, understanding strata insurance is essential to ensure both compliance with legal requirements and adequate protection of their investment. - read more
Key Factors That Affect Your Strata Insurance Premiums
Key Factors That Affect Your Strata Insurance Premiums
Strata insurance is a specialized form of coverage tailored for property owners living in multi-unit complexes. Understanding its intricacies can be crucial for ensuring that all aspects of shared ownership and communal property responsibilities are adequately protected. - read more
Knowledgebase
Aggregate Limit:
The maximum amount an insurer will pay for all covered losses during a policy period.