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.

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Vermont Captive news

Vermont wins captive insurance domicile of the year award

Montpelier, Vt. – Governor Phil Scott today announced that the State of Vermont was named the International Domicile of the Year by the European Captive Review. The award is given to the top captive insurance domicile in the world outside of the European Union that has outperformed competitors and demonstrated excellence in servicing the European…

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Vermont: An attractive captive choice for international companies

Para español haga clic aquí Companies around the world have found captive insurance to be a useful tool for managing risk. And in this hard insurance market, more and more companies are seeing material advantages to managing their particular risks through captive insurance. One of the most critical decisions to make in establishing a captive…

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Responding during the unprecedented coronavirus crisis

The novel coronavirus has certainly hit every industry across the nation as details of the virus have come to light in the last nine months. Businesses have shut down. Workers have moved to remote environments. Many have had to put contingency plans into play. The impacts COVID-19 has had on the insurance space are just…

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Captive Insurance – moving forward in uncertain times

Not much of anything is clear these days. And, even now in the eighth month of the pandemic, things seem no more certain than they did when it started. Yet, to operate efficiently, sustainably, and profitably, businesses still must assess, navigate, and protect against risk. One thing which has become clearer, however, is that captive…

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