Strengthen strata risk decisions

Strata insurance is becoming more complex. As Australia’s strata market grows, insurers are being asked to manage climate exposure, rising claims costs, underinsurance, building defects and affordability pressures — all while maintaining a clearer view of portfolio risk. 

The challenge is that many insurers still rely on incomplete or fragmented property information. Without consistent visibility of the buildings they insure, what surrounds them, and how location-based risk factors may affect exposure, it can be harder to price accurately, assess accumulation, identify high-risk assets or plan effective mitigation strategies.

Geoscape helps strata insurers bring together trusted Australian property intelligence to create a more complete view of risk at both the building and portfolio level. By combining insights across buildings, land use, location, elevation and hazard-related context, Geoscape gives insurers a stronger foundation for understanding the assets they cover and the environments in which those assets sit. 

This deeper property context can help insurers understand what sits within their portfolio, what surrounds each building, where risk may be concentrated and where additional resilience planning may be needed. It also supports more informed conversations between underwriting, pricing, claims, catastrophe modelling and portfolio risk teams.s may require closer engineering, environmental or emergency planning assessment.

Build a richer, more consistent understanding of the buildings, locations and exposure factors that matter — creating a stronger evidence base for managing risk, supporting affordability and helping protect the growing number of Australians living in strata communities.    

Ready to build a clearer view of strata portfolio risk?  

Talk to one of Geoscape data experts to explore how trusted property intelligence can support more confident underwriting, pricing and portfolio risk decisions.