Insurance Brokers, Property Managers and Your Strata Corporation
The Insurance Council of British Columbia recently introduced a new Rule which explicitly prohibits insurance agencies from selling insurance to Strata Corporations when the agency has common ownership with the Strata Management company for that Strata Corporation.
You can read more about the new rule at their website.
While this new rule will impact some of our competitors, Stratawest has always maintained arms-length dealings with insurance brokers and agencies. We are proud to confirm that this rule will have no impact on our operations or those of our clients.