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VERMONT CAPTIVE INSURANCE ASSOCIATION TO HOLD LARGEST CAPTIVE INSURANCE CONFERENCE IN THE WORLD

BURLINGTON, VERMONT --- Captive insurance professionals from throughout the United States and around the world will gather in Burlington, Vermont for the world's largest captive insurance conference, August 12 - 14, 2008 at the Sheraton Hotel and Conference Center. The event is the 23rd Annual Conference hosted by the Vermont Captive Insurance Association.

Though more than half of the US states now have captive insurance laws on their books, Vermont continues to be the premier domicile in the United States and the third largest in the world. Among the close to 600 active captive insurance companies in Vermont, the State hosts the captive insurance companies of 44 of the Fortune 100 and 21 of the 30 companies that comprise the Dow Jones Industrial Average.

The conference, entitled "Solving the Risk Management Puzzle" will feature leading experts in the captive insurance world whose discussions will span from the most basic to the most complex trends and innovations in the captive insurance arena. According to VCIA President, Molly Lambert, "The world of captive insurance is in a constant state of change. Consequently, though the VCIA conference is in its 23rd year, it has even more relevant and innovative ideas than it did when it began in 1985. Solving the risk management puzzle has become even more complex over the years and the knowledge of the expert panelists assembled to offer solutions at the VCIA conference is without parallel. This is a "don't miss" event for the serious captive insurance professional."

The conference keynote speaker is Will Shortz. Shortz has been the Puzzle Master for NPR's "Weekend Edition Sunday" for over twenty years and is the crossword editor of the New York Times. He is the world's only enigmatologist - the only academically accredited puzzle master in the world. Shortz will lead an interactive, informative, brain-stimulating session.

Known for its incomparable quality and substantive contributions to the professional development of those who attend, the VCIA Annual Conference will draw over 1300 attendees. The press who will be writing or broadcasting information about the VCIA Annual Conference are invited to attend conference seminars as well as a scheduled press conference from 2:15 - 2:45 pm on August 13th in the Willsboro Room at the Sheraton Hotel and Conference Center.

2008 VCIA Conference Highlights:

• On August 13th at 10am, opening remarks will be made by Vermont Governor Jim Douglas and Congressman Peter Welch.
• Conference Keynote Speaker Will Shortz, the New York Times and NPR's Puzzle Master, will speak on August 13th at 11 am.
• Over 1300 attendees from around the globe and over 100 industry exhibitors will be participating.
• Eighteen educational seminars and roundtables, including an extended Captives 101 session will fill the three day conference schedulee.
• Evening receptions will be held at historic Shelburne Farms, the Sheraton Exhibit Hall and ECHO Lake Aquarium and Science Center on the Burlington Waterfront.

For further information or to arrange an interview with VCIA President Molly Lambert, please contact Elizabeth Halpern at 802.658.8242 or halpern@vcia.com.

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