With strata development on the rise, the expectations for insurance professionals to respond to unique legal and coverage requirements is continuously evolving. Bare land strata and air space parcels are just two of the dynamic aspects of strata corporations that require strata and the insurance industry to adapt. Our panel will provide a broker, legal, and consumer perspective on key topics changing within the strata industry: bare land strata, deductibles and chargebacks, air space parcels, and earthquake coverage.
Examine air space parcels agreements, the obligations to insure liabilities within these agreements and easements, and general liability exposures associated with adjacent air space partners
Define bare land strata corporations, how and why they are formed, their duties and responsibilities, and what needs to be insured
Explore strata deductibles, and bylaws that permit chargebacks
Identify earthquake coverage types, geographical and geological regions, and their impact on strata corporations
Review strata earthquake coverage policy definitions, exclusions, exemptions and the potential implications
Sarah Thompson, HUB International
Veronica Franco, Clark Wilson LLP
Tony Gioventu, Condominium Home Owners Association of BC
Date and Time:September 24, 2019 8:45am – 12:00pm PST
Number of Continuing Education Credits: 3 Technical
Registration Deadline: Friday, September 20, 2019
Fees: The price for this seminar includes coffee service, light breakfast snacks and GST.
$125 CIP Society Members (Graduates)
$150 IIBC Members
+$80 Non-Members – IIBC Membership Fee of $80 (expiring May 31, 2020) is applicable. Please register manually.
Corporate Rate: $115 per attendee for corporate groups of 6 or more (membership is additional for non-members). To register with a corporate rate, please contact Winnie in advance at firstname.lastname@example.org .