KeyState Captive Management has opened a new office in Burlington, Vermont, on 1 March.
The new office builds on its existing presence in other states including Nevada, Delaware, Tennessee, District of Columbia, Alabama, Arkansas, Michigan, Missouri, Montana, and Oklahoma.
Over the last two years, KeyState has hired three captive professionals, Jeff Vigne, director of insurance services; Alicia Huskes, captive client services manager and most recently David Guerino, SVP and managing director of captive insurance.
The firm also received approval from the Vermont Division of Insurance to operate as a captive manager in the state.
KeyState CEO, Josh Miller stated: “We are excited to have David Guerino lead the KeyState captive team, and we are pleased to open our new office in Burlington.”
“Vermont is one of the ‘key states’ for the US captive industry, and our new office in the heart of downtown Burlington represents our commitment to the growth of our captive management business into Vermont,” he added.
Commenting on the new office, Guerino said: “KeyState has a very robust captive practice and strong relationships with its captive owners, business partners, and regulators. I look forward to building on this foundation, with a continued focus on business development and expanding our offerings to existing captive clients.”
