If you are a director or officer, you could be held personally responsible.
Directors’ & Officers of management companies are often unpaid volunteers who step in to run the management company for the best interest of all the property owners. However in doing so they are deemed to be holding a position of trust and so are liable for any act which is negligent, outside their authority, or in breach of their responsibilities.
Dolmen Insurance offers a full range of policies covering Directors & Officers with varying Limits of Indemnity available and covering both the Directors/Officers and the Entity itself. Policies can be extended to include employment practices (i.e. wrongful arrest etc.)
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Find out more about Director and Officer Insurance with these Frequently Asked QuestionsLearn More
In this section we have detailed some examples of possible claims under the Directors and Officers policies.Learn More
If you are interested in our Directors and Officers Insurance Policies, get in touch with one of our experts today.Learn More
Protect the personal wealth of Yourself, the Committee Members and the Limited Company.
Take out a Directors & Officers policy. Premiums start as low as €265.
For a premium of €265, we can cover both the directors and the entity of a 100 unit apartment block for a limit of indemnity of €250,000
Remember, the premium will be split between the members BUT without this protection YOU could personally face large legal costs and awards.
Directors & Officers Liability Insurance Cover Explained.
By Cliodhna in Dolmen Insurance Brokers
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