https://completemarkets.com/company/sbtinsurance/Directors-and-Officers-Liability/
Overview — Smith Bell & Thompson, Inc. Directors & Officers Liability
Smith Bell & Thompson, Inc. offers a Directors & Officers Liability program designed for health care organizations — both non-profit and for-profit — and other allied classes where entity and management liability exposures are present. This program provides entity coverage for the named organization and side A/B/C protections for directors, officers and employees, with capacity placed through AIG. It is intended as a practical market for agents who need broad D&O protection with flexible underwriting for national program classes.
Ideal accounts and appetite
Health care providers and networks, including home care and community health organizations (both nonprofit and for-profit).
Trade and membership associations, and other program-style organizations that require entity coverage and management protection.
Organizations with defined governance structures and standard financial controls; preferred accounts have documented risk management and claims histories that are manageable.
Special consideration and pricing available for National Association for Home Care (NAHC) members.
Coverage highlights and advantages
Entity coverage included — policy can cover the organization itself as well as individual directors, officers and employees.
Broad definition of employment practices (EPLI) claims is available, helping address wrongful termination, discrimination and similar employment exposures.
Access to AIG capacity gives broad industry recognition and claims handling experience for complex management liability matters.
Program-oriented underwriting that understands multi-entity structures common in health care and association accounts.
Underwriting notes and typical restrictions
Underwriters look for clear governance, reasonable internal controls, and documented employment practices. Accounts with ongoing regulatory investigations, multiple recent management liability losses, or severe financial distress should be submitted with full explanation and may be declined or subject to restrictive terms.
When you submit, include the organization’s bylaws, most recent financial statement, claims history (D&O/EPLI), and any employment policies. These items speed placement and improve the chance of competitive terms.
Example scenarios — when to use this program
You have a midsize home care agency that recently expanded into multiple states and wants entity-level D&O protection plus EPL coverage for its management team. NAHC membership can help secure preferred pricing.
An association of health care providers seeks a single program policy to cover the trade association and its board members. The program’s entity coverage and AIG capacity provide a workable solution for that structure.
Territories and availability
Available for placement in the following states and territories: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY.
Why place D&O with Smith Bell & Thompson, Inc.
Program focus on health care and association classes means underwriting and policy wordings tailored to your clients’ exposures.
Broad EPLI language and entity coverage help reduce coverage gaps for multi-entity and management exposures.
Placement with an experienced market (AIG) and a wholesaler that understands program business helps streamline submission-to-quote turnaround.
Special NAHC member pricing is a differentiator when placing home care accounts.
Frequently Asked Questions
What types of health care accounts work best for this D&O program?Mid-sized to larger home care agencies, community health organizations, and trade associations are a good fit—especially those with documented governance, clean claims histories, and standard employment practices. NAHC members can access special pricing.
Does the policy include entity coverage and EPLI?Yes. The program can provide named organization (entity) coverage and includes a broad definition of employment practices (EPLI) claims, protecting both the entity and individual directors, officers and employees.
What submission materials speed up underwriting?Provide the organization’s bylaws, most recent financial statement, D&O/EPLI loss run, and employment policies. Complete background on any pending regulatory or litigation matters should also be included.
Which carrier capacity is used for this program?Capacity for this Directors & Officers Liability program is provided through AIG.
Which states is this program available in?The program is available in most U.S. states and DC, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI and WY.
Need help placing an account? Connect with a market specialist.