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Governor Phil Scott has signed new legislation strengthening Vermont’s captive insurance laws, increasing efficiencies while adding flexibility to regulatory policy and procedures.
United Educators has been supplying liability insurance and risk management services to educational institutions such as schools, colleges and universities since 1987. It is one of the oldest risk transfer organizations and it’s thriving in its Vermont domicile. Read their story here.
After five years with the Agency of Commerce and Community Development, including more than three as Director of Financial Services at the Department of Economic Development, Davis will be leaving effective May 1st of this year to accept a private sector opportunity in the captive insurance industry.
After consultation with state and federal government officials in the U.S. and Mexico, the event has been postponed out of an abundance of caution. This difficult decision was made out of deep concern for the health and well-being of registrants and colleagues.
With the risk environment growing more complex and coverages more expensive, there are big advantages to shifting risks into a domestic captive.
