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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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…

Vermont’s new wave of talent

Captive insurance is surging — experts project that the market will top $250 billion by 2028 — and the boom is generating cost savings, spurring innovation and creating jobs. Nowhere is this more true than in Vermont, largely regarded as the nation’s hub of captive insurance — and now the frontier of a strong job…

The VCIA at forty

The Vermont Captive Insurance Association (VCIA) was formed on June 24, 1985. Since then, it has played a key advocacy role in representing and driving forward the legislative and regulatory interests of Vermont’s captive industry. Forty years later and the VCIA is going stronger than ever, with bold new plans to broaden its relationship with…