The Vermont Captive Insurance Association (VCIA) launches its Philadelphia chapter with a half-day educational summit and networking reception on 15 April 2026. The event, which takes place at the Ernst & Young (EY) offices and Continental Mid-Town, brings together captive owners, risk management professionals, and service providers alongside Vermont’s regulatory leadership. The summit features intensive, credit-eligible educational sessions highlighting the regulatory landscape of Vermont, currently the leading domicile for captive insurance in the US. The programme is designed to demonstrate the strategic advantages of captive insurance and how the structure can be utilised for optimal benefits. The educational component is divided into two parts. The first, titled "Captives at Work: Success Stories from the Front Line", focuses on the reasons for formation, the feasibility process, and the evolution of successful captive programmes. Speakers include Clare Bello, enterprise director of claims and insurance at Jefferson Health System. Bello discusses her work in reshaping how the risk, legal, and claims teams collaborate within the non-profit health system, which operates 32 hospitals and 700 sites of care. Brett Giarrusso, head of risk management and insurance at Breakthru Beverage, shares insights on redomesticating a captive for the family-owned alcoholic beverage wholesaler. Additionally, Nicole Roy, director of risk management at the Lancaster County Solid Waste Management Authority (LCSWMA), explains how creative captive structuring transformed her organisation's approach to risk and ensured it remained insurable. The second session, "Navigating the Regulatory Landscape: Key Insights", features a conversation with Vermont’s regulatory leadership to contextualise domicile strategy and regulatory considerations. The panel includes Christine Brown, deputy commissioner of the captive division at the Vermont Department of Financial Regulation (DFR), and Brittany Nevins, captive insurance economic developer at the Vermont Department of Economic Development (DED). Ian Davis, president of the VCIA, also joins the discussion. The sessions aim to provide attendees with an understanding of cost structures and capital requirements associated with captives. The launch concludes with a business networking reception at Continental Mid-Town, offering opportunities for candid conversations between attendees and the Vermont leadership team. The event is open to executives from companies, associations, and institutions considering captive formation, as well as those looking to update their knowledge of current captive operations and management.
