The Vermont Captive Insurance Division has promoted Jim DeVoe-Talluto to assistant director of captive insurance at the Department of Financial Regulation. He replaces Christine Brown, who has been promoted to director of captive insurance.
DeVoe-Talluto has served the division for almost 20 years, most recently as examiner-in-charge — a role he has held for 17 years. Before this, he was an examiner and analyst for the department.
He has been chair of the risk focused surveillance working group for the past two years, ensuring that the department complies with NAIC Accreditation requirements.
Prior to joining the captives division, DeVoe-Talluto worked in public accounting and captive management.
Brown comments: “Jim has built many valued relationships within the Vermont captive insurance industry over the years with his inquisitive and helpful nature, and we expect he will broaden these relationships in his new role. He has deep knowledge and perspective to bring to the licensing team, and we are thrilled to welcome him.”
Dan Peterson, director of examinations, says: “Jim has been a valuable member of the exam team for nearly 20 years where he has honed his skills as an examiner, an analyst, a supervisor, and a teacher. He will be missed on the exam team, but his vast experience will serve the Vermont captive community well as the new assistant director.”