Ansvar expands into property strata market

Ansvar Insurance has entered into the property strata market after tying up a partnership with CSI Strata Underwriting.

The insurer is best known for its insurance products in the faith and churches, heritage buildings, age care and education markets, but the new deal marks a “logical addition” to its portfolio, according to Ansvar CEO Warren Hutcheon, who also hailed CSI’s “formidable footprint” in the strata insurance sphere.

CSI Strata Underwriting currently services more than 120 strata insurance brokers across Australia. John Lillie, General Manager, CSI Strata Underwriting, said: “We are pleased to have this additional facility so that we can offer Australian strata communities in larger strata schemes the knowledge and security that their insurance is placed with a reputable and community-oriented insurer like Ansvar.”

The partnership between the two parties was formalised last week, with the Ansvar underwritten product becoming available through CSI on 8 April.