Skip to content

// What we do

What insurance does a Residents’ Management Company need?

← Residents’ Management Companies

If your appointed managing agent is a member of a professional or trade association, such as the Association of Residential Managing Agents (ARMA), professional indemnity insurance will be an automatic condition of their membership.

However, there are also statutes in UK law that place personal liability for a range of risks on RMC directors themselves. The insurances a Residents’ Management Company will need to consider include:

Directors and Officers Insurance
Buildings and Terrorism Insurance
Engineering Inspection and Insurance

You can find more information on the FirstPort Insurance Services website here.

FirstPort Insurance Services is authorised and regulated by the Financial Conduct Authority, registration number 308484. Registered Office: 11 Queensway, New Milton, Hampshire, BH25 5NR.

Want to know more? Just get in touch…

Whether it’s your first time selecting a managing agent, or you’re looking to switch providers, we can help. Call us on 01582 393 756 or get in touch below: