Often heard and never proven, it is a legal requirement (let alone a safety one!) to ensure there is a formal management/safety organisational structure in place which is open to oversight from the regulatory authorities, insurance companies have insisted on this for many years and owners who have safety and efficiency at the top of their list of requirements have learnt that correct management brings safety, lower insurance costs, lower maintenance costs and lower operating costs. A good management company saves you money, it doesn’t cost it.