Directors & Officers Insurance (D&O) is a type of liability coverage that provides protection for the board members, officers and directors of your company or organization from lawsuits that can arise from them performing their duties.
D & O Insurance in Texas
This type of coverage protects their personal assets and is becoming more the rule than the exception with larger businesses and organizations. Galloway Insurance can help evaluate whether this type of indemnity coverage is appropriate for your situation. Some of the risks to consider are:
- Legal defense costs
- Legal Representative Expense
- Costs arising from extradition proceedings
- Civil Fines / Civil Penalties
- Damages
- Judgements
- Bail Bond Costs
Some business relationships may require you to have Texas D & O insurance. With the amount of lawsuits in our society today it’s becoming more important to evaluate whether it’s a necessary protection for your top level decision makers.
Our Promise: Insight, Expertise and Relationsip
At Galloway Insurance, we believe in more than just selling policies —we’re here to build lasting partnerships with Texas business owners.
- Insight—We understand your needs.
- Expertise—We understand Insurance.
- Relationship—You will love doing business with us, we care.
- Here to Help—When you call, we answer… When you come by, we’re here.
- Community—We make significant investments in our community because of your choice to do business with us.