News

IRECON Insurance Services Pty Ltd
News
IMPORTANT UPDATE FOR ALL NSW HOME WARRANTY BUILDERS

IMPORTANT UPDATE FOR ALL NSW HOME WARRANTY BUILDERS

IMPORTANT UPDATE FOR ALL NSW HOME WARRANTY BUILDERS 30 OCTOBER 2020 Next Premium Increase   1 January 2021 As advised in our previous newsletters, the premium increases have/will be released in several tranches.  The next increase will be 1 January 2021 and will apply...

New Warranty Application Forms

New Warranty Application Forms

Please make sure you utilise the new Warranty application forms from today onwards.   Builder Eligibility & Builder Profile Change Application    Fact Sheet 8 - Eligibility and Underwriting    Project Application for CIMS - Multiple Dwelling Projects   Project...

Construction Types for HBCF Cover

Construction Types for HBCF Cover

  The below table sets out some information on the categories of construction types for the issuance of warranty certificates. This should be used as a reference to determine which category your project falls under. IF you require further clarification please do...

CYBER INSURANCE 5 REASONS WHY YOU NEED IT

CYBER INSURANCE 5 REASONS WHY YOU NEED IT

5 Cybercrime is the fastest growing crime in the world, but standard property or crime insurance policies can be restrictive in the cover they offer. The widespread use of technology and the internet now means that your business is exposed to the world’s criminals and...

NSW Small Business Stamp Duty Exemption

NSW Small Business Stamp Duty Exemption

The government has abolished stamp duty on a number of polices taken out by a small business. In order to gain the exemption, the business must be a small business in accordance with the Income Tax Assessment Act 1997 (s152.10),Capital Gains Tax meaning, for the...

Premiums Overview

Premiums Overview

The availability of property/casualty insuranceand the price you pay for a policy can vary widely from year to year depending on the state of the insurance market. The market may be hard one year and soft the next. • How does a hard market differ from a soft market? •...