News & events

This is your home to find news and information related to Vermont’s captive industry. If you have resources you would like featured, please contact brittany.nevins@vermont.gov.

Featured podcasts

Tune into our featured podcasts to hear Vermont Captive’s leading experts offer insights into a wide range of topics, from how Vermont Captive got its start in 1981 to what regulations to be aware of when extracting capital from a captive.

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Christine Brown appointed Deputy Commissioner of Captive Insurance

Montpelier, Vt. – The Vermont Department of Financial Regulation today formally announced the gubernatorial appointment of Christine Brown as Deputy Commissioner of its Captive Insurance Division, solidifying a role in which she has served in an acting capacity since the start of the year. Brown’s appointment confirms Vermont’s longstanding reputation as a trusted, well-regulated domicile…

Vermont demonstrates continued leadership in captive insurance

Montpelier, Vt. – The Vermont Department of Economic Development announced today that 2025 ranks among the top three growth years in Vermont’s captive insurance industry since captive legislation was enacted in 1981, marking six consecutive years (2020–2025) among the top ten growth years and underscoring Vermont’s sustained leadership and stability amid global market change. In 2025,…

The keys to the success of Vermont’s thriving captive insurance industry

According to recent industry data, the global captive insurance market continues to expand, with formations driven by the need for customized risk management solutions amid rising traditional insurance costs. This growth presents significant challenges for domiciles, including maintaining regulatory standards while fostering innovation and trust among stakeholders. As the industry evolves, successful domiciles must navigate…

DFR announces departure of celebrated deputy of captive insurance division

Montpelier, Vt. — The Vermont Department of Financial Regulation (DFR) today announced the retirement of Sandy Bigglestone, deputy commissioner of the Captive Insurance Division and one of the most respected leaders globally within the captive insurance industry. Bigglestone officially retires on January 1, 2026, concluding a distinguished career in state government that began in 1997…

A home for captives for international companies

When IHG Hotels & Resorts considers insurance coverage for its hotel-related risks across the world, it looks first to its Vermont-based captive. Once a risk is in the captive, there’s little chance that it will ever be funded anywhere else. The firm always considers how an exposure might be covered in its Vermont insurer rather…