Self-Managed Self-Manag INSURANCE IS COMPLEX. OVERSIGHT AND GUIDANCE ARE IMPORTANT. BY BRENDON KILCOYNE, CIC For many associations, the debate as to whether to hire a professional management company or to continue to be self-managed is a difficult one. The decision to hire a manager may seem like a financial risk, and the association may not feel they can support it financially. However, the business of running a condominium association is complex and involves many facets of industry. One of the biggest line items of the budget is insurance. 34 CONDOMEDIA February 2020