The Vermont Captive Insurance Association (VCIA) has appointed Stephanie Mapes, director of Paul Frank + Collins, a Vermont based law firm, as the new board chair.
Mapes, who is due to start this month, will serve as VCIA board chair until October of 2021.
With more than 30 years of experience in the captive insurance industry, Mapes has served on the board of directors since 2018 and has been a long-standing member of VCIA, including chair of its conference and legislative committees.
She is the immediate past president of Paul Frank + Collins and the head of the captive insurance team at the firm, which operates both domestically and in the London and Bermuda markets.
The board members she will be serving with include board vice-chair, Andrew Baillie of AES; board treasurer, Dennis Silvia of Cedar Consulting; board secretary, Tracy Hassett of EDHealth; and immediate past chair, Janice Klodowski of Agri-Services Agency LLC & Agrisurance.
The remaining members are Donna Blair, independent consultant; Lawrence Cook of Sedgwick; Jason Palmer of Willis Towers Watson; Wilda Seymour of University of Pennsylvania Health System & Franklin Casualty Insurance Company RRG; Anne Marie Towle of Hylant; and Derick White of Strategic Risk Solutions.
Mapes will take over from Klodowski, who served two terms as board chair. She will stay on the board as immediate past chair.
Rich Smith, president of the VCIA, thanked Klodowski for her contributions as board chair.
Smith commented: “Stephanie Mapes brings a stellar combination of experience, professionalism, common sense and energy to our organisation. I have known and worked with her from the beginning of my tenure at VCIA, and her expertise is invaluable. All of us at VCIA are excited to have her lead our organisation.”
Commenting on her new role, Mapes said: “Vermont’s success is rooted in the collaborative process among our incredible regulatory team, our administration and legislative leadership, our captive owners and all of our incredibly talented and experienced service providers.”
“VCIA plays an invaluable role in leading this process, not to mention its stellar education programmes delivered at the annual conference and throughout the year. I am honoured to lead the board, and confident that we will continue to set the gold standard in the industry, even in these turbulent times,” she concluded.
