Insuring successful businesses and the people who run them since 1974
Featured Clients
Diageo

Diageo

Diageo makes spirit, wine and beer products sold in nearly 200 countries around the world. These brands include Johnnie Walker ®, Guinness®, Smirnoff®, J&B®, Baileys®, Jose Cuervo®, Tanqueray®, Captain Morgan®, and Beaulieu Vineyard® and Sterling Vineyards® wines. The company is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE).

Diageo was concerned that the maximum benefit on their group Long Term Disability (LTD) Plan would penalize their highly compensated executives. C.M. Smith designed an LTD "carve out" Plan for select executives on a guaranteed issue basis that provided the desired coverage limits. We also negotiated a reduced unit cost for the Group LTD Plan, and obtained a three-year rate guarantee.

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