Directors & Officers (D&O) Liability Insurance in Dallas, TX

Directors & Officers Insurance for Dallas Businesses

Directors & Officers (D&O) liability insurance helps protect your leadership and your company from management-related claims - including defense costs, settlements, and certain covered damages.

Get a D&O Quote | Call 972-991-9100

Why use the Thumann Agency?

We’ve been helping to protect Dallas for over 28 years. As an independent agency, we shop and compare options from 80+ top-rated carriers so you can choose protection that fits your risk and budget.

Best for:

  • Private companies with investors, lenders, or advisory boards

  • Nonprofits with directors/volunteers making big decisions

  • Financial institutions and professional firms

  • Any business that wants to attract/retain strong leadership

 

Why Dallas Businesses Trust Us ⭐⭐⭐⭐⭐ 

Here’s what clients are saying in their 5-Star Google Reviews:

  • “Desni Cox went above and beyond to constantly update my insurance to help get me the lowest costs! Highly recommend this company, very quick responses and kind people.” 
  • “I’m so happy I found the Thumann Agency because I don’t have to worry about shopping around for insurance on my own. They always find great options for me.” 
  • "Same-day turn around for all of my commercial needs. Telling all my friends!" 

 

What Does D&O Insurance Cover?

Directors & Officers (D&O) insurance helps protect directors, officers, and (in many policies) the company itself when leadership decisions are challenged. If someone alleges a “wrongful act” - such as mismanagement, breach of duty, or certain regulatory-related issues - D&O can help with the financial fallout.

Depending on the policy, D&O may help cover:

  • Attorney fees and legal defense costs

  • Settlements and judgments (when covered)

  • Certain investigation/claim expenses (varies by carrier and policy wording)

Side A vs Side B vs Side C (Simple Explanation)

Many D&O policies are structured in “sides,” which describe who is being protected:

  • Side A: Helps protect individual directors/officers when the company cannot indemnify them

  • Side B: Reimburses the company when it does indemnify directors/officers

  • Side C: Helps protect the entity (often relevant in certain lawsuits against the organization)

Why this matters in Texas: indemnification is allowed, but it’s not unlimited. D&O can be the backstop when indemnification isn’t available - or isn’t enough.

 

Common D&O Claim Scenarios

Every organization is different, but these are common situations that often drive D&O claims:

  • Breach of fiduciary duty (shareholder/member disputes, partner conflicts, “business divorce” situations)

  • Misrepresentation allegations (financials, contracts, disclosures, governance decisions)

  • Regulatory actions or investigations (coverage depends heavily on policy definitions and triggers)

If you’re unsure whether your situation is a D&O exposure, we’ll walk through it in plain English and help you understand what fits under D&O - and what belongs under another policy.

 

What D&O Typically Does Not Replace

D&O is not the same as:

  • General Liability Insurance (slips/falls, bodily injury, property damage)

  • Professional Liability / E&O Insurance (mistakes in professional services)

  • Cyber Liability Insurance (data breaches and cyber events — though leadership oversight allegations can overlap)

Smart Pairing (Common for Dallas Businesses)

Many organizations pair D&O with:

 

How Much Does D&O Insurance Cost in Dallas, TX?

D&O pricing depends on the real-world risk profile of your organization. Carriers commonly consider:

  • Industry and company structure (private, nonprofit, public)

  • Revenue, financials, and debt load

  • Prior claims or known circumstances

  • Board makeup, governance practices, and outside investors/lenders

The fastest way to get an accurate number is to shop multiple carriers - that’s exactly what we do for you.

 

What we’ll ask for to quote D&O (so you’re prepared):

  • Entity type + ownership

  • Revenue / basic financial snapshot

  • Board/officer structure + outside directors

  • Investors/lenders/contracts requiring limits

  • Prior claims / known circumstances

  • Desired limits + retention

Start a D&O quote or call us 972-991-9100.

 

Why Businesses Choose Thumann for D&O Insurance in Dallas

You don’t need more information - you need coverage that performs when allegations hit.

When you work with Thumann, you get:

  • A quick review of what you’re trying to protect (individuals, the entity, or both)

  • Help choosing the right structure (including Side A/B/C considerations)

  • Carrier comparison (so you’re not stuck with one option)

  • Clear next steps and a team that answers the phone

 

Who Needs D&O Insurance in Dallas?

D&O insurance is a smart fit for any organization where leaders make decisions that could be challenged — especially when there are investors, lenders, a board, members, donors, or regulators involved.

In Dallas and across DFW, D&O is most common when you have outside money, formal governance, or higher oversight (banks, partners, grantors, regulators, or shareholders).

D&O is commonly needed by:

  • Private companies (especially with investors, lenders, advisory boards, or multiple owners)

  • Nonprofit organizations (boards, trustees, volunteers, donor and member concerns)

  • Public companies (shareholder and securities-related exposures)

  • Financial institutions (higher regulatory and fiduciary scrutiny)

You’ll often need D&O if you:

  • Have a board of directors or outside officers

  • Take on debt, outside funding, or investor reporting

  • Want to attract/retain qualified executives or board members

  • Sign contracts that require D&O limits

Not sure if you need Side A/B/C? Start a D&O quote or call 972-991-9100.

 

D&O Insurance FAQs (Dallas, TX)

Does D&O cover legal defense costs?

Often yes - defense is usually the biggest value driver, but coverage depends on policy wording and allegations.

What’s the difference between D&O and EPLI?

D&O is about leadership decisions; EPLI is about employment-related claims (wrongful termination, discrimination, harassment).

Do nonprofits in Dallas need D&O?

Very often - boards, donors, members, and governance decisions can trigger allegations even when everyone acted in good faith.

Does D&O cover regulatory investigations?

Sometimes - this varies a lot by carrier definitions and what triggers coverage.

Who is insured - just directors, or the company too?

Policies often protect directors/officers and may also include entity coverage (Side C), depending on structure.

What affects D&O insurance cost in Dallas?

Org type, financials, claims history, governance, and any investors/lenders/contracts.

Have Questions? Call 972.991.9100

Additional Resources

 

Last Updated: January, 2026.
Disclaimer: Coverage depends on carrier and policy wording. This content is for general educational purposes and is not legal advice.