Hospitality Insurance Online :: News
SHARE

Share this news item!

CHU Underwriting Agencies Elevates Strata Insurance with Innovative Features

New Policy Enhancements Include Built-In Liability and Immediate Pricing Visibility

CHU Underwriting Agencies Elevates Strata Insurance with Innovative Features?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 (CHU), Australia's leading strata insurance provider, has unveiled significant enhancements to its residential strata insurance policies.
These updates aim to address the evolving needs of modern strata communities by incorporating built-in liability coverage and introducing an indicative pricing feature for brokers.

One of the standout features of the updated policy is the inclusion of built-in liability coverage. This addition ensures that strata owners and committees are better protected against potential legal claims, bridging gaps that previously existed between common property and individual owner responsibilities. By integrating this coverage, CHU simplifies the insurance process, allowing for more efficient claims handling and quicker recovery times for affected parties.

In addition to the policy enhancements, CHU has launched an indicative pricing tool designed to provide brokers with immediate, non-binding premium estimates. This feature addresses a common pain point in the insurance quoting process by offering instant pricing visibility, thereby reducing delays and improving the overall efficiency of securing coverage for clients.

Kimberley Jonsson, CEO of CHU, emphasised the company's commitment to evolving with customer needs. She stated that the policy upgrades are focused on removing complexity and ensuring that strata owners receive comprehensive protection tailored to their unique circumstances.

These innovations have not gone unnoticed. CHU's efforts have been recognised with a 5-Star Insurance Innovator award, underscoring the company's dedication to delivering practical and customer-centric solutions in the strata insurance sector.

For landlords and property investors, these developments offer several advantages. The built-in liability coverage provides an added layer of security, safeguarding against potential legal issues that may arise within strata properties. The indicative pricing tool empowers brokers to offer more timely and accurate information, facilitating better decision-making for property owners seeking optimal insurance solutions.

As the strata insurance landscape continues to evolve, staying informed about such enhancements is crucial for landlords aiming to protect their investments effectively. CHU's recent updates exemplify the industry's move towards more responsive and transparent insurance offerings, aligning with the needs of modern property owners and investors.

Published:Wednesday, 6th 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

Sign in with Google to rate

0 Comments

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

Insurance News

HESTA Announces 12% Reduction in Insurance Fees for Members
HESTA Announces 12% Reduction in Insurance Fees for Members
19 May 2026: Paige Estritori
HESTA, a leading Australian superannuation fund, has unveiled a significant reduction in insurance fees, set to take effect from 1 July 2026. This initiative aims to make insurance coverage more accessible and affordable for its members, aligning with the fund's commitment to enhancing member benefits. - read more
AFCA Supports Insurer's Application of Offset Clause in Income Protection Case
AFCA Supports Insurer's Application of Offset Clause in Income Protection Case
19 May 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of Nippon Life Insurance in a dispute concerning the application of an offset clause in an income protection (IP) claim. This decision underscores the critical importance of policyholders understanding the specific terms and conditions of their insurance policies. - read more
NEOS Elevates Income Protection with Increased Medical-Free Limits
NEOS Elevates Income Protection with Increased Medical-Free Limits
19 May 2026: Paige Estritori
NEOS has recently announced significant enhancements to its income protection offerings, effective from 11 March 2026. Responding to adviser feedback, the insurer has increased the maximum coverage available without mandatory medical examinations, aiming to simplify the application process for Australians seeking income protection insurance. - read more
High Court Decision Alters Liability Landscape for Marine Insurers
High Court Decision Alters Liability Landscape for Marine Insurers
19 May 2026: Paige Estritori
In a landmark decision, Australia's High Court has unanimously ruled that marine insurers cannot limit their liability for wreck removal and pollution clean-up claims. This ruling stems from the case involving Standard Club UK Ltd, the protection and indemnity (P&I) insurer for CSL Australia, following a 2022 collision at the Port of Devonport, Tasmania. - read more
QBE and Aurora Revolutionize Yacht P&I Insurance with Automation
QBE and Aurora Revolutionize Yacht P&I Insurance with Automation
19 May 2026: Paige Estritori
QBE, in collaboration with insurtech firm Aurora, has launched a fully automated underwriting system for Yacht Protection & Indemnity (P&I) insurance. This innovative platform streamlines the underwriting process, handling tasks from broker submissions to policy issuance without manual intervention. - read more
Click for more Insurance News


Hospitality Insurance Articles

What Hospitality Business Owners Need to Know About Income Protection Insurance
What Hospitality Business Owners Need to Know About Income Protection Insurance
The Australian hospitality industry is renowned for its vibrancy, yet it also faces significant challenges. With fluctuating demand, seasonal changes, and unpredictable external factors such as economic downturns and pandemics, hospitality businesses often operate in a high-risk environment. For hotel operators, the stakes are even higher due to substantial investments in property, staff, and customer service. - read more
Essential Insurance Types Every Cafe Owner Should Consider
Essential Insurance Types Every Cafe Owner Should Consider
Running a cafe is more than just serving delightful coffee and snacks; it's about creating an experience and ensuring that experience is safeguarded. While the hospitality industry can be incredibly rewarding, it's not without its risks. This is where the importance of insurance comes into play, acting as a crucial safety net for cafe owners. - read more
Tips for Finding the Best Hospitality Insurance Coverage
Tips for Finding the Best Hospitality Insurance Coverage
Tailored insurance is a type of insurance policy that's specifically designed to meet the unique needs of a particular business or industry. Unlike one-size-fits-all policies, tailored insurance provides a more customized approach, ensuring that the coverage fits the specific risks and requirements of the business. - read more
Why Tailored Insurance is Essential for Your Hospitality Business
Why Tailored Insurance is Essential for Your Hospitality Business
In the bustling world of hospitality, the right insurance can make all the difference for your business. Tailored insurance, as the name suggests, involves customising your insurance policy to meet the specific needs and risks associated with your industry. This personalised approach ensures that you are not overpaying for unnecessary coverage while also safeguarding your business against potential threats. - read more
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Hospitality insurance is a crucial component for businesses within the hospitality sector, offering coverage for a range of incidents that could potentially derail operations. It's designed to protect establishments like hotels, restaurants, and event venues from various risks such as liability claims, property damage, and interruption of services. - read more

Knowledgebase
Deductible:
The amount you must pay out-of-pocket for expenses before your insurance company covers the remaining costs.

Quick Links: | Hospitality Business Insurance | Insurance For Hospitality | Hospitality Insurance | Public Liability Insurance Hospitality | Stock And Contents Insurance | Commercial Vehicle Insurance Hospitality | Income Protection For Hospitality | Bar Insurance Policies | Small Business Insurance Hospitality | Hospitality Insurance Quotes | Insurance Brokers Hospitality Industry
This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We act solely as an introducer and refer enquiries to licensed third-party brokers, insurers, and lenders. We do not provide financial product advice or credit assistance. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should independently verify the credentials and licensing of any adviser or provider you engage. Visit the ASIC website for further information.