Artificial intelligence remains an elusive concept to many, including those in community associations. The technology poses many perceived benefits and risks, but undoubtedly will have a long-term, powerful impact. Demystifying those benefits and risks, and establishing an AI policy, can help prepare your community for the future.
Over the past year, most of the country has felt the effects of a hardened insurance market. Community associations are seeing fewer insurance options, experiencing more scrutiny regarding what insurance companies will write, and getting forced to find coverage more often in the surplus lines market. As community associations look at their insurance premiums and consider renewal, experts recommend seven steps for finding the best coverage.
Disaster recovery efforts can be complicated even without a challenging insurance market. Valencia on the Gulf, a condominium community nestled on the normally picturesque beach in Venice, Fla., was among the many neighborhoods that got hammered by Hurricane Ian. Under the leadership of its community manager, Valencia is well on its way to recovery.
The job of the community association manager is part financial management, urban planning, facilities maintenance, community development, volunteer management, and project management. Good managers also learn to master seven soft skills and knowledge.
Jeevan J. D’Mello, CMCA, AMS, LSM, PCAM, chief executive of Zenesis Corp., in Dubai, United Arab Emirates, began his term as president of the CAI Board of Trustees earlier this year, ushering in a new era of global collaboration and local impact in the organization’s more than 50-year history.
