This media release is about SCA’s Best Practice Insurance Disclosure Guide – Consumer Campaign Launch.
SCA’s Best Practice Insurance Disclosure Guide
SCA’s Best Practice Insurance Disclosure Guide has been in operation since last November, and enforceable under our Code of Conduct since 1 July 2024.
We’d like to thank the many members who were on the front foot and rolled out this level of disclosure in November, or even before that as part of their standard practice.
Over the next month or so, you’ll see a lot of consumer facing content from SCA such as videos, infographics and fact sheets on the topic, and we’ll be working hard to push these out through our own communications channels, as well as externally.
As you know, this best practice goes above and beyond current state, territory and federal legislation and regulation, and its implementation distinguishes SCA members from non-members, where disclosure standards are patchy or absent.
We think it’s the right thing to do for the millions of people who live in strata, for strata committees and to raise the bar for professionalism, standards and ethics in the strata industry.
We encourage you to share these resources on your website, in your newsletters, with committees and residents and whenever you communicate about strata insurance.
All of these resources and additional resources can be found (and downloaded) in the disclosure section of the SCA website.
Joshua Baldwin, SCA Australasia President
This post appears in Strata News #709.
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Read next:
- NAT: SCA Comments on ethics, conflicts and the future of the strata industry
- NAT: Professional Standards for Strata Managers
- NAT: Advocating for Change Against Unfair Practices [VIDEO]
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