Brittany Nevins has been appointed as the new director captive insurance at the Vermont Department of Economic Development.
Responsible for the marketing and business development of Vermont’s captive insurance industry, Nevins will work closely with the department of financial regulation and the Vermont Captive Insurance Association to continue to strengthen the state’s reputation.
She replaces Ian Davis, Vermont’s former director of financial services, who stepped down from the role in April to join People’s United Bank.
Based in Texas for the last two years, Nevins served as the community and economic development specialist for Travis County, Texas, managing its property tax rebate programme for businesses that sought to develop in the Austin region.
Prior to that, she was a policy specialist for the Texas Health and Human Services Commission, where she provided support for a variety of agency regulatory programmes.
Commenting on her new role, Nevins said: “The captive insurance industry is a model for economic development in the state, bringing in clean, high paying jobs, significant tax revenue, and supports the tourism industry all at the same time.”
“I’m humbled and thrilled to be coming back to my home state of Vermont to promote its best-in-class captive insurance status and help grow its presence and stature throughout the world,” she added.
Deputy commissioner of captive insurance, Dave Provost commented: “We will hit the ground running and pick up right where we left off now that Brittany has filled the position. We are lucky to have her join the team.”
Richard Smith, president of the Vermont captive insurance association (VCIA), added: “We are excited about Brittany Nevins’s international experience as Vermont seeks to expand further into the Latin American markets.”
