Buildings insurance for two separate parties?

[Kai1981]

I've just exchanged on a property. The management company deals with building insurance and the seller has paid it until the point of completition.

They've said I therefore don't need to pay for building insurance (which I understand you should do as a buyer from exchange, not completition).

The building insurance isn't in my name and I won't start paying for it until completion so what happens if there's an issue between now and completition? Couldn't I still be unprotected?

Presume you're buying a leasehold flat? If the management company insurers the buildings then you just have to ask for proof. They are correct that you don't need to arrange if they have in place and will charge you a pro-rata amount when you officially own the property. Just ask them for a copy of the schedule prior to exchange.