The Vermont Captive Insurance Association (VCIA) is to hold an educational roadshow on 27 March at the Hilton Burlington Hotel, Vermont. The roadshow is returning to “home turf” due to high demand, after visiting several other locations in recent years, says the Association. Registration is open on the VCIA website now. The session will focus on the basics of captive insurance companies, the reasons for formation, feasibility process and key issues in putting a successful captive programme together. The VCIA highlights companies in healthcare, construction and manufacturing as trending toward more captive formations. According to data from the Vermont Department of Financial Regulation (DFR), 11, six and 10 captives in Vermont in the past two years, respectively. Three captive owners in these industries will speak on their motivations behind forming a captive: Melinda Young of NC3, David Fritzgerald of Carris Reels and Sunil Eappen of UVM Health Network. Speakers from Vermont include Kevin Mead, president of the VCIA, Sandy Bigglestone, deputy commissioner of captive insurance at the Vermont DFR, and Christine Brown, director of captive insurance at the Vermont DFR. A networking event will take place after the session, providing attendees the opportunity to talk to captive owners and service providers.
