Strata Insurance

Unlocking new opportunities in strata insurance through clarity, insight and market confidence

We help strata clients make better insurance decisions by combining specialist knowledge, market perspective and practical advice tailored to the realities of strata risk. From renewal strategy to placement and ongoing support, we work alongside strata managers and owners corporations across Australia to manage risk with greater clarity, confidence and control.

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Placement Architecture

A structured model for clearer market outcomes

Every placement is influenced by the asset, governance, disclosure, stakeholder alignment and market positioning. The weighting changes with the risk and the market, but the structure remains consistent.

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Asset

Condition, Claims, age, Occupants, exposure profile. Defects, and remediation history are particularly determinative in strata. The asset establishes the baseline. The remaining four factors determine what the market does with it.

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Governance

Committee structure, decision authority and the quality of oversight all shape how insurers assess the risk. Underwriters factor governance quality into pricing and capacity decisions. Weak or unclear governance is priced more conservatively. Strong governance improves risk profiles.

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Disclosure

What insurers see, and how they see it, shapes the response they give. Forge treats disclosure as a placement input rather than a compliance task. Each engagement begins with a structured disclosure case before the market is approached.

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Alignment

Strata managers, owners corporations, committees and developers carry different priorities and operate on different timelines. Misalignment surfaces at binding and erodes outcomes if not reconciled upstream.

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Positioning

Insurer appetite in strata is shaped by claims experience, asset typology, geography and the broader cycle. The narrative we present to the market influences whether insurers engage or step back.

Sectors

Strata segments where the model varies

The five pillars hold across every segment. What varies is the weight each pillar carries, the complexity of the inputs and the market pathway required.

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Strata & Body Corporate

The volume segment of the market, from small suburban schemes through to multi thousand lot precincts. Every placement runs through the same five pillar framework, with speed and market tension applied where the risk is clean, and depth and structure applied where it is not.

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BMC & Precinct Structures

Single tower BMCs through to mixed use precincts with shared infrastructure agreements. The placement has to map cleanly to the legal and operational structure of the scheme, with coverage allocated across entities in a way that follows the architecture rather than working against it.

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Build to Rent

An asset class without a settled insurer view. Ownership models, exposure profiles and program structures all differ from conventional strata, and insurer appetite is still forming. Forge brings structured placement capability to a segment that benefits from a deliberate market approach.

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New Developments

Construction through to first renewal. Untested building systems, no claims history and the transition from developer control to owners corporation create distinct exposures. Decisions made in the first placement cycle shape every cycle that follows, which is why the framework has to be set on day one.

Who We Work With

Supporting the full strata decision chain

Forge works across the full strata spectrum, from managers and committees to owners corporations, developers and portfolio stakeholders. Whether the engagement is direct or indirect, manager-led or owner-led, single scheme or portfolio-wide, the standard remains the same: clear advice, structured process and practical support through to outcome.

Strata Managers

Support across portfolio renewals, complex standalone risks and placements requiring additional market depth. Forge provides capability managers can rely on, without adding complexity to their role.

Owners Corporation

Structured advice to support informed decisions at committee level, particularly where the placement involves trade-offs between premium, excess, coverage and insurer appetite.

Committees

Clear market context, option analysis and practical support where insurance decisions require review, discussion or direct engagement.

Developers

Insurance framework support for new developments, staged projects and handover from developer control to owners corporation control, from registration through to the first independent renewal cycle.

How the model scales

One framework, adapted to each placement

Every engagement at Forge begins with a diagnosis. A structured read of the risk, the decision environment and the market reality before any placement pathway is chosen. That diagnosis determines how the engagement is run, who runs it and how the firm’s capacity is deployed.

Transactional renewals

For straightforward risks where timing, responsiveness and market access matter most. Forge focuses on efficient execution, clear coordination and a clean renewal process.

Large and structured placements

For larger assets, layered programs and more involved risk profiles. The focus shifts to insurer fit, placement structure, market sequencing and the quality of engagement with insurers.

Distressed and hard to place risks

For risks affected by defects, claims history, aluminium composite panel cladding, building condition or reduced insurer appetite. These placements require sharper risk framing, deeper market understanding and targeted insurer engagement.

Insurance advisory

For situations where the immediate need is clarity rather than placement. Forge supports program reviews, market readiness assessments, second opinions and strategy development before insurers are approached.

New enquiry

Discuss your firm's insurance

Whether you're reviewing your current placement, growing into a new structure or facing a specific exposure, our team is available for a direct conversation.

20+ years specialist strata and commercial broking

Markets and capacity others can't reach

A read of your placement, not a pitch

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