CHU Underwriting Agencies

CHU is one of Australia’s largest insurance underwriting agencies and a leading strata specialist. It has local state o ces, national customer services, underwriting and claims teams, and online self-service tools.

1300 361 263 info@chu.com.au www.chu.com.au

CHU SPECIALISES in providing comprehensive insurance products for strata schemes, including residential strata apartments, units, villas and townhouses, commercial strata, and community title properties. In addition, CHU o ers personal insurance to protect strata customers’ personal property and possessions.

CHU created the fi rst residential strata insurance plan in Australia and started trading in Sydney in 1978. Now, more than 40 years later, CHU has grown to become recognised as a leading strata insurance specialist, underwriting more than 100,000 schemes across Australia, which equates to an insured value of over a half a trillion dollars. CHU is part of the Steadfast Group, the largest general insurance broker network and group of underwriting agencies in Australasia.

CHU’s strata insurance products are regularly updated to ensure they continue to o er marketleading cover. It is mandatory across Australia for strata title properties to have insurance. CHU’s insurance products are designed with each state and territory’s minimum regulatory requirements in mind to assist an owners’ corporation/body corporate in obtaining cover for their property.

CHU Underwriting Agencies Pty Ltd (ABN 18 001 580 070, AFSL 243261) acts under a binding authority as agent of the insurer, QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545). Terms, conditions, limits and exclusions apply to the products referred to above. Any advice is (Australia) Limited (ABN 78 003 191 035, AFSL 239545). Terms, conditions, limits and exclusions apply to the products referred to above. Any advice is general advice only. Your client should consider the relevant Product Disclosure Statement available at www.chu.com.au and whether or not the product general advice only. Your client should consider the relevant Product Disclosure Statement available at www.chu.com.au and whether or not the product is appropriate for your client in deciding whether to acquire, or to continue to hold, the product.

ANI KAKULAPATI, HEAD OF DISTRIBUTION

What is your agency’s unique value proposition? As a leading strata insurance specialist and established agency, CHU is uniquely positioned to arrange insurance cover that delivers on all fronts. We o er one of the most comprehensive covers in the market for residential strata, commercial strata and community title.

CHU provides full customer service, with an underwriting and claims team in every state o ering local expertise, and has the largest national support team in the strata insurance industry. This, coupled with CHU’s 24/7 digital platform with full policy life-cycle management, allows customers to choose when, where and how they wish to be serviced.

Have you introduced any new products? In 2021 we launched a new product specifi cally designed for build-to-rent properties: CHU Build to Rent – Residential Insurance. It is specifi cally designed for apartment buildings that are not subject to a strata subdivision and are 100% owned by the developer/original owner.

Does your agency have any environment and sustainability initiatives? Since 2019, CHU has been working with Tim Jarvis’s Forktree project to o set our carbon footprint by planting thousands of trees on degraded farmland in SA. In another CHU initiative, our Queensland builders use unique skips to collect, remove and recycle the waste from insurance clean-up and repair work, and up to 90% of the material gathered is recycled. CHU is also trialling environmentally friendly cleaners and paints with a Victorian panel supplier with a view to rolling them out nationally in 2022.

Is there an agency achievement you are most proud of? CHU won the Underwriting Agency of the Year award in 2017, 2018 and again in 2021 at the ANZIIF Australian Insurance Industry Awards.

PRODUCTS

• Residential Strata Insurance Plan Covers the strata building, common property and common area contents, as defi ned on the title for the property

• Commercial Strata Insurance Plan

Covers the strata building, common property and common area contents, as defi ned in the policy for commercial strata title properties

• Community Association

Insurance Plan

Provides community associations and lot owners with protection over their assets and potential liabilities

• Community Association Insurance

Plan – Lot Owners’ Homes

Protects individual homes that are part of a community association scheme from accidental loss or damage, and also o ers cover for legal liability and machinery breakdown

• Build to Rent – Residential Insurance

Cover for non-strata-titled residential apartment buildings; includes coverage for the building, liability, machinery breakdown and catastrophe

• Landlords Insurance for Strata

Designed for owners who are renting their properties to tenants, it provides the landlord with cover for accidental loss or damage to the contents of their rental property, along with cover for loss of rent and legal liability

• Contents Insurance for Strata

Designed to protect the personal contents of people who reside in a strata property, it provides cover for household goods and personal items. It also includes legal liability as a standard cover

* Terms, limits, conditions and exclusions apply. Please refer to the relevant Product Disclosure Statement for details.