Burlington
13 April 2017
Reporter: Becky Butcher
Ian Davis replaces Towle as director of financial services
Ian Davis is set to replace Dan Towle as the new director of financial services in Vermont.

Towle, who served in the position for 17 years, stepped down from the role to become the new president of the Captive Insurance Companies Association, effective 24 April.

Davis will be responsible for the marketing and business development for Vermont’s captive insurance industry.

Previously, Davis served as policy specialist for the commerce and community development agency.

Davis said of his new job: “I am both honoured and excited to be representing Vermont as the leading on-shore captive insurance domicile. The captive insurance industry creates clean, high-paying jobs and employs over 1,600 Vermonters. It also generates significant tax revenue and tourist activity. It is one of Vermont’s best success stories of economic development.”

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
GEB appoints executive management trio
23 June 2017 | Brussels | Reporter: Becky Butcher
Generali Employee Benefits (GEB) has welcomed Eric Butler, Roland Raad and Thierry Mestach to its international management team
R&Q sells Lloyds managing agency to Coverys
23 June 2017 | London | Reporter: Becky Butcher
R&Q Investment Holdings has reached an agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q managing agency, to Coverys, a provider of medical professional liability insurance based in Boston
Captives dominate the BVI insurance sector
23 June 2017 | Road Town, British Virgin Islands | Reporter: Becky Butcher
Captives in the British Virgin Island’s insurance sector continue to dominate the market, in terms of the number of firms, as well as revenues generated, according to a new BVI Global Contribution report
FCC Services captive reports ‘financially solid’ 2016 results
22 June 2017 | Colorado | Reporter: Becky Butcher
The Farm Credit System Captive Insurance Company, the captive insurer of FCC Services, has reported a net income of $10.3 million in 2016, an increase of 7.8 percent compared to the previous year
Archer Daniels Midland captives rated ‘excellent’ by A.M. Best
22 June 2017 | Oldwick | Reporter: Becky Butcher
A.M. Best has assigned a financial strength rating of “A- (Excellent)” and long-term issuer credit ratings of “a-” to both of Archer Daniels Midland's captives
OECD ranks Barbados as 'largely compliant'
22 June 2017 | Bridgetown | Reporter: Becky Butcher
Barbados has been recognised by the Organisation for Economic Co-operation and Development’s (OCED) Global Forum as being “largely compliant” during 2016
John Thomson departs HAI Group as CEO
21 June 2017 | Cheshire, Connecticut | Reporter: Becky Butcher
John Thomson has stepped down from his role as president and CEO at HAI Group, the public housing insurance agency