Announcement - CHU announces continued relationship with QBE

CHU, the leading underwriting agency for strata insurance in Australia, is delighted to announce the continuation of its relationship with QBE Australia. The new agreement facilitates QBE as the capacity provider for CHU’s policies over the next decade, reinforcing CHU’s leadership position in the strata insurance market.

QBE's expertise and strong commitment to the Australian insurance sector will support CHU’s offerings, providing stability and robust support to the strata community. This long-term commitment underscores mutual trust and a shared dedication to meet the evolving needs of strata customers.

Kimberley Jonsson, CEO of CHU, expressed enthusiasm about the renewed relationship, stating, "We are proud to continue our longstanding relationship with QBE. Their support as our insurer has been instrumental in our ability to deliver stability and exceptional service to our customers."

Sue Houghton, CEO of QBE Australia Pacific, said QBE was pleased to remain CHU’s insurance provider.

“We remain committed to working collaboratively with CHU to ensure a sustainable and successful relationship.”

The relationship between CHU and QBE has long been a cornerstone of CHU’s offering, enhancing its stability and resilience within the market.

Robert B Kelly AM, Founder, Managing Director, and CEO of Steadfast Group, which owns CHU, says the new 10 year total agreement not only signifies a milestone in CHU and QBE's collaborative history but also sets a positive trajectory for the future.

“Strong and strategic partnerships have always been instrumental to Steadfast Group and the wider insurance industry,” Mr Kelly says. “We’re pleased to see the continuation of this successful relationship, enabling CHU to continue providing its superior and award-winning insurance services within the strata sector.”

CHU is owned by the largest insurance underwriting agency group in Australasia, Steadfast Underwriting Agencies, which operates 30 agencies and manages over 100 products. These agencies play a critical role in the development and distribution of specialised insurance solutions both within and beyond the Steadfast broker network.