Captives & Alternative Markets Program From SB&T
Smith Bell & Thompson, Inc. (SB&T) offers a comprehensive Captives & Alternative Markets program designed to help agents and brokers place complex and large commercial risks. As Vermont’s foremost independent captive management company, SB&T brings decades of specialized expertise in structuring, forming, and managing a full range of captive insurance vehicles. If you’re looking to deliver customized risk solutions for your clients, SB&T provides the tools and experience to make it happen.
Ideal Accounts and Appetite
This program is ideal for agents working with large commercial clients who are seeking more control over their insurance costs and risk management strategies. Suitable industries often include manufacturing, transportation, construction, healthcare, and other sectors with consistent loss history and strong risk management practices.
You might have a client with high premium outlays or unique exposures that traditional markets struggle to underwrite—this is where captives can offer a strategic advantage. Whether your insured is a single-parent company seeking a pure captive or a group of businesses forming an association captive, SB&T can structure a solution tailored to their needs.
Coverage Highlights and Advantages
SB&T provides full-scope management for the following captive types:
- Pure Parent Captives
- Industrial-Insured Captives
- Association Captives
- Risk Retention Groups (RRGs)
- Branch Captives
- Sponsored Captives
As an approved manager in the domiciles of Vermont (VT), South Carolina (SC), and the District of Columbia (DC), SB&T ensures regulatory compliance and operational excellence. These captive structures offer benefits such as:
- Improved risk control and loss prevention
- Potential for underwriting profit and investment income
- Access to reinsurance markets
- Tailored coverage for unique or hard-to-place risks
- Long-term stability in pricing and capacity
Underwriting Notes
Each captive formation is customized based on the client’s size, risk profile, and goals. While there is no published minimum premium, this program is best suited for medium to large accounts with significant premium volume and predictable loss experience. SB&T works closely with agents and their clients to conduct feasibility studies and evaluate captive suitability before moving forward with formation and management.
Territories and Availability
SB&T’s Captives & Alternative Markets program is available in:
- Vermont (VT)
- South Carolina (SC)
- District of Columbia (DC)
These domiciles are known for their strong regulatory frameworks and supportive environments for captive insurance arrangements.
Why Work With SB&T?
With a focused expertise in captive insurance, SB&T offers independent agents and brokers a trusted partner for delivering sophisticated alternative risk solutions. Their hands-on management, deep regulatory knowledge, and transparent approach help ensure a successful captive experience for both you and your client. Whether you are new to captives or managing a portfolio of complex risks, SB&T provides the guidance and support you need to compete and win larger accounts.