Advantage Insurance has opened a new office in Vermont to support its growing captive insurance services business.
The customised insurance specialist has also sponsored a new protected cell captive insurance company, Advantage Insurance of Vermont PCC, which will allow clients to access a full range of captive insurance services in the domicile.
The Vermont office will be led by Christina Kindstedt and Sandra Griffith, who both bring experience in managing captives in the state.
Advantage expects to hire additional professionals in accordance with the growth of the Vermont office.
Les Boughner, chairman of Advantage’s business insurance division, commented: “Expanding our market footprint to Vermont is a significant milestone in the growth of Advantage’s captive insurance services business.”
Walter Keenan, Advantage’s CEO, added: “We thank the captive insurance division of the Vermont Department of Financial Regulation for their support for our entering the state, and we look forward to the success of our clients who choose Vermont as their captive insurance home.”
