NAT WEBINAR RECORDING: Who's Paying What? Unraveling Strata Insurance Commissions with John Trowbridge

This morning we recorded a session with John Trowbridge about the remuneration of strata insurance intermediaries.

Find out why John Trowbridge states that "every broker and every strata manager that's using the commission rebate broker fee system is involved in conflicts of interest which are not really healthy in general and that system should be phased out."

We talked about 'Black Box' arrangements and other questionable remuneration practices, whether they are legal and some helpful tips on ways to spot them.

John also opens up about the need for brokers to now get consent for remuneration arrangements from the owners. John doesn't believe the strata manager's delegated authority is valid under the new NIBA code. Why isn't this being discussed?

Watch the video in full here:

You can download the presentation and access other relevant resources here: https://www.lookupstrata.com.au/strata-webinars/

Thanks

Nikki, Liza and the Lookupstrata Team