Directors & Officers Insurance
Specialist management liability insurance for brokers placing resident management and property management risks
Dolmen Underwriting provides access to a specialist Directors & Officers (D&O) / Management Liability insurance solution designed for brokers placing risks for residents’ associations, management companies, and property management structures.
This product protects directors, officers, and committee members against claims arising from wrongful acts, mismanagement, or breach of duty, including legal defence costs and investigations.
Underwritten by Tokio Marine HCC, the policy is specifically tailored for Irish property management exposures, where directors often act in a voluntary or part-time capacity but still carry full legal responsibility.
Who this product is designed for
The Directors & Officers scheme is suitable for brokers arranging cover for organisations where individuals act in a management or governance capacity.
Typical placements include:
- Residents’ associations
- Owner management companies (OMCs)
- Property management companies
- Apartment block committees
- Multi-unit developments (MUD structures)
- Volunteer directors and trustees
The product is particularly relevant where individuals have decision-making responsibility but may not fully appreciate their personal liability exposure.
What the policy covers
The Management Liability policy provides broad protection for directors and officers against claims arising from their role in managing an organisation.
Key cover includes:
- Claims arising from actual or alleged wrongful acts
- Legal defence costs and investigation expenses
- Indemnity for the company where it has protected its directors
- Claims arising from errors, omissions, or mismanagement decisions
- Costs associated with regulatory or official investigations
The policy operates on a claims-made basis, meaning claims must be notified during the policy period.
Examples of exposures
Directors and officers of management companies face increasing regulatory and legal exposure, including:
- Health & Safety obligations (e.g. lifts, fire safety, maintenance)
- Multi Unit Developments Act compliance
- Financial mismanagement or insolvency risks
- Failure to supervise contractors or service providers
- Discrimination or employment-related issues
- Breach of duty or governance failures
Even where a managing agent is appointed, ultimate responsibility still rests with the directors, and liability can be personal and unlimited.
Why this cover is important
Directors and officers hold positions of trust and can be held personally liable for decisions made in their role.
Claims can arise from:
- Residents alleging mismanagement of funds
- Failure to maintain property or ensure safety
- Poor contractor selection or oversight
- Disputes between residents or stakeholders
Without appropriate cover, individuals may be exposed to significant legal costs and financial loss, even where allegations are unfounded.
Important Documents
The Policy Wording outlines the full terms, conditions, cover sections, exclusions, and limits, helping brokers understand how the Directors & Officers product operates.
The IPID (Insurance Product Information Document) provides a clear summary of the key policy features, cover sections, exclusions, and limits, helping brokers quickly assess the cover.
Important underwriting considerations
When placing Directors & Officers risks, brokers should consider:
- Structure of the management company or association
- Financial position and governance controls
- Number of units or properties managed
- Claims history or known circumstances
- Use of managing agents or third-party contractors
Full disclosure of all material facts is essential when submitting a proposal.
Why brokers place business with Dolmen
Dolmen Underwriting provides brokers with access to a specialist D&O solution tailored to property management and resident association risks.
Key benefits include:
- Cover designed specifically for Irish management company exposures
- Protection for voluntary and non-executive directors
- Legal defence costs and investigation cover included
- Access to A-rated insurer capacity
- Flexible underwriting approach
- Support from experienced underwriting team
This makes the scheme particularly valuable for brokers placing complex or governance-driven risks.
Specialist Underwriting Support
Work directly with experienced underwriters who understand management liability risks and provide practical placement solutions.
Flexible Product Solutions
Access specialist insurance products designed to help brokers place non-standard and niche risks.
Trusted Industry Experience
Benefit from decades of underwriting knowledge and strong relationships across insurers and broker partners.
Affordable Home Insurance That Doesn’t Cut Corners
Choosing the cheapest policy isn’t always the best option. At Dolmen, we look beyond the premium to find you quality home insurance that actually works when you need it. Whether you’re insuring a family home, an apartment, or a property you rent out – we’re here to find the right protection for your lifestyle and budget.
We search the market, explain your options clearly, and help you save where it makes sense – all while ensuring you’re fully covered.
Why Choose Dolmen for Your Home Insurance?
- Decades of experience in the Irish insurance market
- Independent advice and access to top Irish and UK insurers
- Personalised service with real people – not just a website
- Excellent customer support throughout your policy
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Underwriting Solutions Brokers Can Trust
If you would like to arrange cover under the Directors & Officers scheme, contact the Dolmen Underwriting team or submit details of the risk for review.
Our team can assist with underwriting guidance, eligibility checks, and placement options.