CHU 40th Anniversary Video

Rachelle Trayer Chu

CHU is enjoying reliving our massive milestone 40th Birthday through this fun highlights video. The celebration Party was held last month at Pier One, Sydney. CHU staff lead by CEO Bobby Lehane shared this special event with over 200 of our amazing clients. Please enjoy and see if you can spot yourself dancing with John Travolta. Bring on the next 40 years…2058 …

Leading Australian strata insurer CHU’s 40th anniversary Strata insurance – the past and future

Rachelle Trayer Chu

In 1978 Corporate Home Unit Underwriting, the first strata insurance specialist in Australia, was established. Forty years on CHU, as it’s now known, is Australia’s leading strata insurer. On 16 February 1979 CHU wrote its first policy for 24A, 26 Macquarie Place, Mortdale, NSW. It cost $439.45. In that year NSW had about 14,000 blocks of residential home units. By …

CHU named top underwriting agency two years in a row

Rachelle Trayer Chu

  For the second time in a row, CHU has won the Underwriting Agency of the Year award in the Australian Insurance Industry Awards. “We were delighted to win the award last year and, inspired by this, we pushed even harder this year to be the very best that we could be. ” said CHU CEO Bobby Lehane. “CHU is …

Do you suspect your tenant is running a drug lab?

Rachelle Trayer Chu

The manufacture and consumption of the illicit drug “ice” is increasing rapidly across the country. According to the latest figures from the Australian Criminal Intelligence Commission, between August 2016 and August 2017 more than eight tonnes of crystal methamphetamine – “ice” were shot up, smoked or snorted. Nearly 600 clandestine drug labs, known as “clan labs”, were detected in Australia- …

Change in Residential Strata Insurance Plan minimum excess Effective 15 October 2018

Rachelle Trayer Chu

Following a review of our current excess structure for CHU’s Residential Strata Insurance Plan, our minimum excess will be increasing from $300 to $500 for all renewals due on or after 15 October 2018. This change takes into account: recognition of the increasing cost of claims in the market generally encouraging Body Corporates / Owners Corporations to play a more …

CHU celebrates Claire Farmer listed in the Insurance Business 2018 Young Guns Report

Naomi Preston Chu

Claire Farmer, NSW Underwriting Account Manager CHU would like to congratulate Claire Farmer on her inclusion in the list; it is a true reflection of the hard work and dedication she has shown to CHU and indeed to the industry. With a record number of nominations in 2018, this prestigious award recognises the top 35 successful and committed young professionals across …

Leading strata insurer launches initiative to help customers when disaster strikes

Rachelle Trayer Chu

Leading Australian strata insurer CHU today announced the launch of an innovative business unit to help customers get back on their feet quickly after disaster strikes. CHUAssess is an agile, internal loss assessment team, owning on-site assessment and settlement. The team is able to provide on-site approval of works to panel builders, speeding up the start of repairs CHUAssess will …

CHU up for three awards in the Australian Insurance Awards

Rachelle Trayer Chu

We are delighted to announce that CHU is a finalist in three categories of the prestigious Australian Insurance Industry Awards. CHU is a finalist in Underwriting Agency of the Year, Women’s Employer of the Year and Insurtech Program of the Year. Last year CHU won the Underwriting Agency of the Year award. CHU has progressed further on its journey since …

CHU’s speedy claims service

Rachelle Trayer Chu

Damage to an entry door to a unit can cause headaches for the strata owner and the tenant. The longer it takes to repair, the greater the risk to security. So when a glass entry to a unit in Waitara, Upper North Shore, Sydney, was accidentally smashed recently, CHU, Australia’s leading strata insurer, was able to swing into action as …

Strata Options: CHUiSaver Expands Digital Offerings

Naomi Preston Chu

Strata Options: CHUiSaver expands digital offering Strata insurance digital underwriting agency CHUiSaver has added legal expenses and lot owners’ fixtures and fittings to its residential policy as optional covers. CHU Chief Disruptor Ani Kakulapati says the options were added after feedback from intermediaries and clients and reflected growing demand for tailor-made strata covers. “This will help strata owners to have …