Ethical and independent
CEO Strata has no preferential arrangements with any insurers and receives no commissions from any third parties.
This saves you money.
Most strata managing agencies receive commissions on your strata insurance, typically increasing your premiums by around 20%. If an insurer refuses to pay this commission, the agency will not ask them to quote on the insurance, regardless of how competitive they may be.
Similarly, some companies also sit under a corporate umbrella that includes other service providers (such as building management companies or debt collectors) who automatically receive referrals from the strata managing company, regardless of whether or not they provide the most cost-effective service available.
While we have developed a list of tried and tested contractors and consultants, we understand that service providers are not one-size-fits-all. With full transparency and no ulterior motives, you can rest assured that the providers we engage for your building are selected based purely on the quality of their work, their reliability and value for money.
Of course, if your scheme already has preferred (licensed and insured) contractors in place, we are always happy to add them to our list, as long as they are able to maintain the high standards we require.
The new Act requires agencies to disclose their commissions. That helps with transparency, but it doesn’t prevent conflicts of interest.
That is why I refuse to accept commissions from any third parties