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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Tabor Crary: A journey into Vermont’s captive insurance industry

Tabor Crary is an incoming Fourth year student at Seattle University in Seattle, Washington studying International Studies. Tabor completed an academic year abroad in Salamanca, Spain, studying Spanish language, history, culture, and business. He was raised in Richmond, Vermont, and graduated from Mount Mansfield Union High School in 2021. Throughout the summer Tabor has been…

Alicia Huskes: Navigating the captive insurance industry with expertise and passion

Vermont Captive is featuring a series throughout the year highlighting companies and people that service the captive insurance industry. This post features Alicia Huskes, who discusses her journey so far in the captive industry. How did you become involved in the captive industry? My journey began unexpectedly. I started my career in high school, working…

Q&A: Creating a captive in Vermont

Captive Review (CR): What function does your captive perform for the parent company? Michael Baker (MB): Currently, we have only our casualty programme in the captive to cover the deductibles. This is to help with any large claims for our start up and smaller businesses. CR: Why did you think setting up a captive could…

Vermont is building the next generation of captive insurance leaders. Here’s how

Maeghan Thurston didn’t expect to end up working with captive insurance companies. In college, she studied marketing. She imagined working in New York City, going to meetings with big ad execs, living in an apartment and taking the subway to work. For a lot of people, that’s the dream. But for Thurston, a true-blue Vermonter,…

Why Vermont captives are a natural fit for weathering property insurance storms

It’s been an interesting few years for the property insurance market, to put it mildly. Inflation, climate change, the transition to sustainable energy and shrinking capacity in reinsurance markets have all contributed to rising premiums; McKinsey puts the increase at between 6 and 8% for each year since 2018 across all global P&C lines, and most…