Directors & Officers Insurance

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Directors & Officers Insurance Services

Directors & Officers Insurance covers management and executives for claims made against them while they are serving on a board of directors or as an officer of an organization. In layman’s terms, this type of insurance covers claims resulting from decisions and actions taken by company managers as part of their job duties.

Tower Street Insurance & Risk Management provides the most dependable insurance services for Directors & Officers (D&O) in Dallas, Southlake, Westlake, McKinney, and other cities we serve throughout Texas. We also can protect your home, auto, valuables, and more.

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Directors & Officers Insurance

What is a D&O Insurance Policy? Why is it Necessary for Your Business?

Directors & Officers (D&O) insurance protects the personal assets of corporate directors and officers, and their spouses, in the event they are personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company. D&O insurance is the financial backing for a standard indemnification provision, which holds officers harmless for losses due to their role in the company.

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Directors & Officers Insurance for Your Dallas Business

Protections Under a D&O Policy

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Breach of fiduciary duty resulting in financial losses or bankruptcy

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Misrepresentation of company assets

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Misuse of company funds

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Fraud

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Failure to comply with workplace laws

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Theft of intellectual property and poaching of competitor’s customers

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Lack of corporate governance

Any business with a corporate board or advisory committee needs D&O insurance, including non-profit organizations.

Directors & Officers Insurance

Commercial Insurance Coverage by Tower Street Insurance & Risk Management

Tower Street Insurance & Risk Management has built its reputation on offering successful families and businesses the highest level of service rooted in transparency and trust. With our extensive resources and exclusive carrier options, we are able to create protection strategies that provide custom solutions with the broadest coverage, superior claims service, and overall best value. It is important to note here that we are an authorized provider of Chubb Insurance.

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Directors & Officers Insurance

Why Choose Tower Street Insurance & Risk Management?

Tower Street Insurance & Risk Management creates effective solutions to manage your commercial and personal risks for customers in Westlake, McKinney, Dallas, Southlake, and other cities we serve throughout Texas. It is our privilege to represent and partner with each of our clients. When you need our help, call us at 972-472-2040 or contact us online today.

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100 Carriers

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150 Years of Collective Experience

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3.5K Written Policies

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98% Retention Rate