D&O insurance FAQ's
As a managing agent I have professional indemnity insurance, does that not protect me?
In short, no, professional indemnity and Directors and officers liability protect you in respect of legal liabilities arising in different circumstances.
Your professional indemnity insurance protects you in respect of errors and omissions arising in your professional capacity as a managing agent. If you maintain a position as both managing agent and as a Director of a residential management company, your professional indemnity insurance will not protect you in respect of actions carried out on behalf of the residents association.
In addition the actions of other board members of the residents association would not be picked up under your professional indemnity insurance.
Why Pi D&O insurance?
The simple answer is that if people really understood the financial consequences of running a management association, they would never agree to do so without the benefit of D&O protection.
Specifically designed for Property Managers, Pi D&O insurance provides you with the best support and advice so that you can inform your clients and protect their best interests.
Residents association D&O cover is an indispensable element in protecting management companies in today’s modern legal environment.
What is the solution?
In partnership with Travelers, an international Insurer established in 1853, we have devised a comprehensive and very affordable solution to protect this vital area of cover. Let us introduce Pi D&O insurance to you.
What sets Pi D&O insurance apart?
Our innovative and imaginative approach in meeting your insurance requirements gives you these features
 Our product is the only specific Residents Association policy to include Corporate Liability as standard
There is no excess in respect of any claims
Our product is also unique in the marketplace in that it has been designed to generate an income stream for property
 managers too
How does it work?
Premium tables enable you to indicate premiums to your clients directly
We can place you on cover immediately as soon as our written quotation is accepted
You will receive Policy documentation electronically within two working days
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