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 Insurance Tax Reform Matters for Strata Premiums
Why Insurance Tax Reform Matters for Strata Premiums
16 Sep 2026: Paige Estritori
Fresh industry attention on insurance tax reform has direct consequences for strata communities, particularly those already dealing with higher property premiums, weather risk and more demanding underwriting questions. The renewed debate centres on the way government charges, duties and emergency services funding mechanisms can sit on top of the underlying insurance price, making cover more expensive without necessarily improving the risk profile of the building. - read more
Why NSW Strata Disclosure Rules Matter at Renewal Time
Why NSW Strata Disclosure Rules Matter at Renewal Time
09 Sep 2026: Paige Estritori
Renewed attention on strata governance in New South Wales is a timely reminder that insurance disclosure is now a front-line renewal issue for owners corporations, not a back-office formality. Following recent reforms aimed at improving transparency around strata management, commissions and third-party benefits, committees are under greater pressure to understand not only what cover they are buying, but how the placement has been arranged and paid for. - read more
What the Latest Cyclone Pool Signals Mean for Strata Renewals
What the Latest Cyclone Pool Signals Mean for Strata Renewals
02 Sep 2026: Paige Estritori
The latest industry attention on Australia’s Cyclone Reinsurance Pool is a useful reminder that affordability reform is only one part of the strata insurance equation. The pool was designed to reduce the cost pressure created by cyclone risk, particularly across northern Australia, where residential strata schemes can face difficult renewal conditions because of wind, rain, storm surge and ageing building infrastructure. - read more
Why Builder Insolvencies Are Becoming a Strata Insurance Issue
Why Builder Insolvencies Are Becoming a Strata Insurance Issue
26 Aug 2026: Paige Estritori
Fresh reporting on Australia's construction sector has highlighted a problem that strata communities cannot afford to treat as background noise: builder and trade contractor failures remain a live risk for apartment buildings, particularly where major repairs, defect rectification or insurance reinstatement works are required. - read more


Strata Insurance Articles

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
Strata Insurance, Contents Insurance and Landlord Insurance: What Each Policy Covers
Strata Insurance, Contents Insurance and Landlord Insurance: What Each Policy Covers
Strata insurance, contents insurance, landlord insurance and standard building insurance protect different things. This guide explains the main differences for Australian apartment owners, unit investors and strata property buyers. - read more
How Sums Insured and Replacement Cost Valuations Affect Strata Insurance
How Sums Insured and Replacement Cost Valuations Affect Strata Insurance
The sum insured and replacement cost valuation are two of the most important figures in a strata insurance policy. They influence premiums, help determine whether cover is adequate, and can affect how a strata scheme responds after a major loss. - read more
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
Knowledgebase
Grace Period:
A time period after the premium is due during which an insurance policy remains in force even if the premium has not yet been paid.