Strata Changes: from Earthquakes to Air Space

CIP Society Seminar

BCIT Downtown, 555 Seymour Street, Rm 280-284, Vancouver, BC, V6B 3H6 [Map]
Date and Time: September 24, 2019 8:45am - 12:00pm PST

CLASSROOM | TRENDS | TECHNICAL

With strata development on the rise, the expectations for insurance professionals to respond to unique legal and coverage requirements is continuously evolving. Bare land strata and air space parcels are just two of the dynamic aspects of strata corporations that require strata and the insurance industry to adapt. Our panel will provide a broker, legal, and consumer perspective on key topics changing within the strata industry: bare land strata, deductibles and chargebacks, air space parcels, and earthquake coverage.

SEMINAR OBJECTIVES

  • Examine air space parcels agreements, the obligations to insure liabilities within these agreements and easements, and general liability exposures associated with adjacent air space partners
  • Define bare land strata corporations, how and why they are formed, their duties and responsibilities, and what needs to be insured
  • Explore strata deductibles, and bylaws that permit chargebacks
  • Identify earthquake coverage types, geographical and geological regions, and their impact on strata corporations
  • Review strata earthquake coverage policy definitions, exclusions, exemptions and the potential implications

     

    SEMINAR PRESENTERS

    Sarah Thompson, BBA, FCIP, CRM, Vice President, Marketing & Real Estate - HUB International
    Sarah has over 18 years of experience in the insurance industry. She began her career with her family's insurance brokerage in personal insurance. She later joined a large Canadian insurance company as a Commercial Auto Assistant. She was quickly promoted to Commercial Property Underwriter, followed by Business Development Advisor, before accepting the position of Business Development Account Executive with a larger, multinational insurance company. In 2012, Sarah returned to the broker side and joined HUB International as Underwriting Manager, then Manager of the Strata Division to her current role as Associate VP of the Strata Division.

    Veronica Franco, Partner - Clark Wilson LLP
    Veronica is the Chair of Clark Wilson LLP's Strata Property Practice Group. She leads a group of litigators and solicitors who primarily act for strata corporations on all aspects of strata governance as well as other legislation affecting strata corporations. Her mandate is to help strata corporations and property managers identify and address issues before they become problems. She is a leader in the practice of strata law in BC and one of the top contributors to advancing education within the industry, presenting annual seminars for various industry groups including the Condominium Home Owners Association, the Professional Association of Managing Agents, and the Canadian Condominium Institute.

    Tony Gioventu, Executive Director - Condominium Home Owners Association of BC
    Tony is the weekly columnist for The Province, The Times Colonist, and "24". Since 2002 Tony has written over 1,000 columns and information bulletins dedicated to condo living and is the co-author of "A Practical Guide to Bylaws: the Strata Property Act, and "Understanding Governance: Strata Rules of order and procedures in British Columbia." Tony has served as a director/committee member for the Homeowner Protection Office of BC Housing Province of BC, BC Building Envelope Council, Canadian Standards Association, The Real Estate Council of BC, a faculty member for Continuing Legal Education (CLEBC), Review Editor for Sauder School of Business UBC, and recently appointed commissioner for the Independent Advisory Committee for the Real Estate Council of BC.

  • Number of Continuing Education Credits:  3 Technical
    Please be aware that tardy arrival or early departure to/from the seminar will preclude IIBC from issuing a CE certificate for this seminar.

    Registration Deadline: Friday, September 20, 2019

    Fees: The price for this seminar includes coffee service, light breakfast snacks and GST.
    $125 CIP Society Members (Graduates)
    $150 IIBC Members
    +$80 Non-Members - IIBC Membership Fee of $80 (expiring May 31, 2020) is applicable. Please register manually.

    Corporate Rate: $115 per attendee for corporate groups of 6 or more (membership is additional for non-members). To register with a corporate rate, please contact Winnie  in advance at whon@insuranceinstitute.ca .

    Manual Registration: Please download and complete our Manual Registration Form [pdf]   and return it via email to Winnie at whon@insuranceinstitute.ca

    Cancellation Policy: No Refunds. Participant substitutions accepted 48 hours prior to seminar (substitute must be current member). IIBC reserves the right to cancel the seminar due to unforeseen circumstances. Should this occur, registration fees will be refunded.

     PRICES BELOW ARE BEFORE TAX.

    Pricing

    Pricing for this seminar varies based on your membership. Prices exclude tax

    Fee Description Amount
    CIP Society Members (Graduates) $119.05
    IIBC Members $142.86
    Non-Members (+$80 membership applied at check out) $142.86