Frost Insurance Partners With Texas Association of Business to Offer D&O Insurance to Members
January 30 2009 - 12:06PM
PR Newswire (US)
AUSTIN, Texas, Jan. 30 /PRNewswire/ -- Frost Insurance is
partnering with the Texas Association of Business (TAB) to offer
liability insurance to its members who serve as directors and
officers of for-profit and non-profit organizations, including
chambers of commerce. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080728/LAM010LOGO) At the
association's request, Frost Insurance a subsidiary of San
Antonio-based Frost worked to find the right partner for the
products, which will help mitigate liability exposure for the
association's members. "At a time of increased attention to
corporate governance and heightened regulatory and shareholder
scrutiny, board members and officers of companies and nonprofits
face increasing liability exposure," said Dennis Northington,
senior vice president for Frost Insurance. Bill Hammond, TAB
president, added, "We are pleased to be able to offer our members
this specialized Directors' and Officers' coverage, through Frost
Insurance, to provide them with access to the protection they
need." Frost Insurance, the insurance subsidiary of Frost, ranks
among the top 40 in bank-owned agencies in insurance revenue in the
nation, providing a full range of property and casualty, group
employee benefits, estate planning and business succession and
personal insurance needs throughout Texas. Frost is the banking
operation of Cullen/Frost Bankers, Inc. (NYSE:CFR), a $14.1 billion
financial holding company, headquartered in San Antonio, with more
than 100 financial centers across Texas. Frost provides an array of
business and consumer banking products, investment and brokerage
services, insurance products and investment banking services.
Founded in 1868, Frost is the largest Texas-based banking
organization that operates only in Texas, with a legacy of helping
clients with their financial needs during three centuries. Founded
in 1922, the Texas Association of Business is a broad-based,
bipartisan organization representing more than 140,000 small and
large Texas employers and 200 local chambers of commerce. Contacts:
Renee Sabel, Frost 210.220.5416 Enrique Marquez, TAB 512.477.6721
ext. 104 http://www.newscom.com/cgi-bin/prnh/20080728/LAM010LOGO
http://photoarchive.ap.org/ DATASOURCE: Frost Insurance CONTACT:
Renee Sabel of Frost Insurance, +1-210-220-5416, ; or Enrique
Marquez of TAB, +1-512-477-6721, ext. 104, , for Frost Insurance
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