Vermont Captive Group's Annual Legislative Day To Be a Virtual Event

The Vermont Captive Insurance Association (VCIA) will hold its annual members Legislative Day conference as an online event on January 27.

The Legislative Day’s first session will be a Vermont Captive Division update. Speakers will include David Provost, deputy commissioner of Vermont's Captive Insurance Division in Montpelier, and Sandy Bigglestone, the state’s director of captive insurance.

At another online presentation to Vermont's General Assembly, speakers will include Brittany Nevins, Vermont's captive insurance economic development director, who will provide an economic and market update, and VCIA Director Richard Smith, who will provide an a VCIA overview.

In addition, Michael Pieciak, commissioner of the Vermont Department of Financial Regulation, has been invited to speak at the Legislative Day event.

This year marks Vermont's 40th anniversary as a captive domicile. In those 4 decades, Vermont has grown to become the largest US captive insurance domicile, as well as the world's third largest.

While Vermont has not yet reported final captive numbers for 2020, at the end of 2019, the state had 585 captives.

To register for the Legislative Day conference, contact VCIA's Megan Precourt at [email protected].