Is this cover needed when managing agents, with their own professional indemnity insurance, are engaged?

Yes, the two really are complementary. This insurance relates specifically to breaches of duty by directors and officers in managing the company's affairs. A managing agent's professional indemnity relates only to claims arising from his own professional duties.

Is it affordable?

Deacon's policy is written specifically for residents' management companies and takes into account the non-commercial nature of the business.

Call 08000 92 93 94 and we will do the rest - including all the administration.

Downloads

Download: Directors and Officers liability insurance.pdf

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