Insurance Issues for Multi-Unit Buildings
The Canterbury earthquakes damaged thousands of multi-unit buildings. Many of these insurance claims have been called “nightmares”, creating irreconcilable situations. Find out what makes insurance claims for multi-unit buildings more difficult. Learn about inherent characteristics of multi-unit buildings that make them open to controversy in the day to day management. WEB215NZA02
Description
Attend and earn 1 CPD hour
Lessons Learnt from the Canterbury Earthquakes and a Way Forward
- What makes a building a multi-unit building
- Can a freehold property be multi-unit building
- The major impediment in resolving multi-unit buildings insurance claims in Christchurch (and it’s not what you think)
- How can a multi-unit building be repaired, and what this means for the homeowners and the insurance companies
- The danger of underinsurance
- What lawyers need to be aware of when advising clients on purchasing or selling multi-unit properties
- The inadequacy of current easements dealing with shared elements of a building
- Freehold townhouses, an emerging problem
- Proposals for a way forward
Presented by Emma Gabor, Principal, Gabor Law
Learning Objective:
- Gain a greater understanding of insurance issues regarding multi-unit buildings
Presenters
Emma Gabor
Emma Gabor is the principal of Gabor Law, a boutique law practice based in Wellington offering expert insurance and civil disputes and litigation services. Prior to setting up her own firm earlier this year, Emma worked as a Claims Counsel in the Liability team at IAG New Zealand for five years where she specialised in professional indemnity claims, public liability, D&O, and a range of other liability claims, including disciplinary complaints against professionals. She was a senior solicitor at DLA Piper prior to moving in-house. While at DLA Piper, she advised leading insurance companies on issues involving material damage, business interruption, statutory and public liability policies, and was deeply involved with litigation related to the Canterbury earthquakes. In her spare time, she works toward a PhD investigating what can be done to improve insurance claims for multi-unit buildings such as body corporates, cross-lease properties, and fee simple townhouses with shared construction elements. She is a member of the New Zealand Law Society, Wellington Women Lawyers, and the New Zealand Insurance Law Association. She is also a Committee Member of the Independent Practitioners Committee which supports sole and small practitioners in Wellington