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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Vermont prioritizes quality regulation in legislature as yearly tradition

Montpelier, Vt. – On May 20, 2024 Governor Scott signed legislation into law improving several sections of the Vermont captive insurance statute. Yearly the Vermont Captive Insurance Association (VCIA) works with the Vermont Department of Financial Regulation (DFR) to propose updates to captive insurance statutes based on industry feedback. Bill H. 659 clarifies the law in…

Adaptation and resilience in the face of change

The key to Vermont’s success as the top captive insurance domicile in the world is stability. Twenty years ago, when Captive International was formed, Vermont’s deputy commissioner of captive insurance at the Department of Financial Regulation, Sandy Bigglestone, had already been working for the Captive Insurance Division for seven years. Vermont’s director of captive insurance,…

Butler Blue bulldog moves kennels

Indiana-based Butler University, the proprietor of the world’s first student-run captive insurance company, has re-domesticated its Bermuda single-parent captive to be a cell captive in Vermont. Butler’s ‘Davey Captive Insurance Company’ has been officially licensed in the state. Other changes to the captive include a shift in the hands of management from Aon to Hylant…

Vermont Captive Insurance “Road Show” comes to Vermont

Montpelier, Vt. – On March 27th the Vermont Captive Insurance Association (VCIA) will host its biannual “Road Show” educational event at the Hilton Burlington Lake Champlain Hotel in Burlington, VT. The event, tailored to prospective captive insurance companies, has been hosted in over 20 cities, including internationally in Mexico City. The format includes two parts,…

Strong growth and development for Vermont captive insurance

Montpelier, Vt. –The Vermont Department of Economic Development announced today that 2023 reflected a strong year for captive insurance in the State of Vermont and that the New Year already is off to an even stronger start. Besides earning global recognition as the leading domicile for captive insurance, Vermont licensed a total of 38 new…