VA RE Licenses/ Insurance Required to be a Property Manager

[Sam Valme]

Hello BP!

My wife and I recently started our own property management company. We're based out of Virginia. As we understand it, to manager our own properties we don't need to have a real estate license. But does anyone know if we need to have someone in the company licensed to managed someone else? 

Also, what kind of insurance should we have as a management company?