Willis, a WTW business, is well equipped to deliver comprehensive insurance solutions for our OMC clients, from single block OMCs to multi block developments with commercial units.
Backed by deep experience and a dedicated team of experts, we will harness our insurer relationships and expert claims support to deliver solutions aligned to your requirements.
How can Willis help?
Experence and expertise
Over 200 Owners’ Management Companies (OMCs) trust us with arranging their insurance needs. Our experience, market insight and expertise in this sector enables us to negotiate comprehensive protection for developments of any size and scale.
Strong industry relationships
Our well-established relationships with leading insurers allows us to negotiate appropriate solutions for our clients. These trusted partnerships ensure seamless policy placement, competitive pricing, and cover options appropriate to each OMC’s specific needs.
Dedicated claims handling & expert advice
Our in-house claims handling team provides proactive support throughout the claims process. We advocate on behalf of our clients to achieve fair and timely outcomes.
Fast & efficient interest letter service
We understand the importance of timely insurance confirmations for purchasers and lenders. Our dedicated Interest Letter Team ensures a rapid turnaround time for requests. We have delegated authority to issue letters on behalf of many leading insurers.
Expert brokerage team led by Keith Greene
Our team of 12 experienced brokers, led by industry expert Keith Greene, bring extensive knowledge and hands-on experience to every client interaction. We pride ourselves on delivering a personalised service to our clients.
Arranging cover for challenging risks
We have a proven track record in delivering solutions for OMCs with insurance challenges, including:
- Properties with significant sums insured/capacity challenges
- Developments with fire safety defects or non-standard construction
- OMCs with a challenging claims experience
Our access to specialist underwriters helps us to secure coverage solutions where others may struggle.
Attendance at OMC meetings
When appropriate, we can attend Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs) to provide expert advice, explain policy details, and address insurance concerns directly with members of the OMC.
Access to Irish and UK markets
We hold agencies with the major insurers in the Republic of Ireland and have access to specialist UK markets for hard-to-place cases. This enables us to source solutions for even the most challenging insurance placements.
Public Liability (PL) for common areas
We can arrange Public Liability insurance for developments with external common areas only (e.g. pathways, car parks, green areas).
Exclusive & market-leading Directors & Officers (D&O) insurance
Our competitive and exclusive D&O insurance wording, specifically designed for OMCs, ensures comprehensive financial protection for the directors of the OMC.
Comprehensive market security assessments
Willis undertakes rigorous market security checks on the financial stability of insurers, allowing us to help advise our clients and let them make informed decisions on the selection of insurers.
