Sandy Bigglestone will become acting commissioner of the Vermont Department of Financial Regulation (DFR) at the start of 2025, following commissioner Kevin Gaffney’s retirement.
After this change takes effect, Bigglestone will continue to oversee the captive insurance division of the DFR. She has been working in the division for over 25 years, serving as deputy commissioner since 2022, responsible for the regulation of captives in the state.
Bigglestone comments: “I am honoured to step up to serve the department knowing that we have a robust team in the captive division to continue business as usual.
“We continue to provide the highest quality of regulation at the speed of business for Vermont’s captive insurance companies.”
Commissioner Gaffney adds: “Sandy’s extensive experience and strong leadership make her the perfect person to lead the department as we head into the new year.
“The deep bench within the captive insurance division ensures this change will have no impact on Vermont’s captive insurance industry. This will be a smooth transition and I thank Sandy for stepping into this role.”
