KeyState has expanded its office in Burlington, Vermont, two and a half years after their first move to the state. The office expansion is accredited to the transition of numerous Vermont-domiciled captives to KeyState and growth in its captive management operations. The company broadened its team to service its growing captive client base and to take over the management of numerous Vermont captives that experienced diminished service levels from their previous captive managers — largely due to merger and acquisition-related issues and key employee turnover. Group leader David Guerino and five of his team members will be based at the expanded Burlington office. Commenting on the expansion, Josh Miller, CEO of KeyState Companies, says: “We are pleased to further our investment in Vermont and our captive management group. Our growing team and expanded Vermont office is just the latest example of our long-term strategy to invest in our captive business line. I could not be more pleased with the team’s continued success under Dave Guerino’s leadership.”
