Vermont Captive

One National Life Drive
Davis Building 6th Floor
Montpelier
VT 05620
USA

Contact
Dan Towle


Telephone
802-828-5232


Email
dan.towle@state.vt.us


Website
www.vermontcaptive.com
Vermont is the leading onshore captive insurance domicile with over 1,000 licensed captive insurance companies and with more than 30 years of experience working with the captive insurance industry. Between our experience and dedication, the State of Vermont is ready to work with a company like yours.

48 of the Fortune 100 and 18 of the companies that make up the Dow 30 have their captive insurance companies located in Vermont. While Vermont has some of the largest captive companies in the world, a little known fact is that more than half of Vermont’s captive insurance industry writes less than $5 million annually in premiums. This makes Vermont one of the best places for smaller and mid-cap businesses to form captive insurance companies. Vermont also has approximately 100 hospitals and medical groups that write professional medical liability (medical malpractice coverage) through a Vermont captive insurance company. No matter the size or type of company or group, Vermont is a good place to form your captive insurance company.

Vermont is also home to the largest captive insurance conference in the United States, hosted by the Vermont Captive Insurance Association (VCIA). The Vermont Captive Insurance Association is the largest trade association for captive insurance in the world. When you choose the State of Vermont as your domicile, you choose Vermont Captive’s network of support from our dedicated team members as well as other industry leaders located here.

Vermont also has the largest group of experienced and knowledgeable captive insurance regulators of any domicile. Vermont is fortunate to have unparallel government support which provides resources for the ongoing formation and future needs of your captive operations. Simply put, this means that you have no surprises or slowdowns as you are dealing with the most experienced captive jurisdiction. While some other jurisdictions may have cut back their staff or their focus on captives, that hasn’t happen in Vermont. Vermont has a more than 30-year track record of support from democrats, republicans, and independents alike.

As a result of this support, there is not a year that Vermont doesn’t make enhancements to our laws to keep Vermont at the forefront of the industry.
Vermont Captive Features archive
Featured on Captive Insurance Times
VCIA: risks and regulations run rife
View the full issue in which this article appeared
Cyber risk, the tax treatment of 831(b) captives, the National Association of Insurance Commissioners and the Risk Retention Act were the hottest topics at this year’s Vermont Captive Insurance Association Annual Conference
Vermont Captive Interview archive
Featured Captive Insurance Times
Richard Smith
Vermont Captive Insurance Association
View the full issue in which this article appeared
As the Vermont Captive Insurance Association hosts its 30th Annual Conference, association president Richard Smith gives his take on the industry’s current talking points, and what to expect from the event itself
Richard Smith
Vermont Captive Insurance Association
View the full issue in which this article appeared
Despite securing its thousandth captive and retaining its position at the forefront of the US captive industry, Richard Smith explains why Vermont is determined to keep its eye on the ball
Vermont Captive News archive
Featured Captive Insurance Times
VCIA: Companies must re-evaluate captives
10 August 2016 | Burlington | Reporter: Becky Butcher
Captives should re-evaluate risk appetite and exposure at least every five years, according to a panel at the Vermont Captive Insurance Conference...
VCIA: Group captives moving onshore
09 August 2016 | Burlington | Reporter: Becky Butcher
US onshore domiciles are the most popular choice for setting up a group captive, according to poll at this year’s Vermont Captive Insurance Association conference...
VCIA preview: what to watch
08 August 2016 | Burlington | Reporter: Becky Butcher
With the Vermont Captive Association Conference kicking off today, VCIA president Richard Smith recaps what sessions to look out for over the course of the week...
VCIA expects to surpass 1,000 at annual conference
20 June 2016 | Burlington, Vermont | Reporter: Becky Butcher
The Vermont Captive Insurance Association (VCIA) is expecting to attract more than 1,000 attendees to its 31st annual conference...
JLT and VCIA praise RRG expansion
28 October 2015 | Washington DC | Reporter: Becky Butcher
JLT Towner Insurance Management and the Vermont Captive Insurance Association have praised the proposed expansion of the Liability Risk Retention Act to allow certain risk retention groups (RRGs) to insure policyholders’ property risk...
Jan Klodowski elected to VCIA board
01 September 2015 | Vermont | Reporter: Becky Butcher
Jan Klodowski has been elected to the Vermont Captive Insurance Association’s board of directors...
US licensed captives do not require broad regulation
20 August 2015 | Vermont | Reporter: Becky Butcher
The Vermont Captive Insurance Association (VCIA) believes that US captives do not need to be as broadly regulated as proposed by the International Association of Insurance Supervisors (IAIS)...
VCIA: technology can influence captive formations
12 August 2015 | Vermont | Reporter: Becky Butcher
Technology could have an influence over future trends in captive formations, said a panel at the Vermont Captive Insurance Association Annual Conference...
Solid growth in 2014 Vermont
23 January 2015 | Vermont | Reporter: Stephen Durham
Vermont licensed 16 new captives in 2014, according to data released by the Vermont Captive Insurance Division...
VCIA heralds a bumper year
11 September 2013 | Burlington | Reporter: Jenna Jones
This years Vermont Captive Insurance Association (VCIA) conference attendance reached over 1100 participants. Twenty-eight percent of the attendees were captive owners...
VCIA 2013: backed for the future
14 August 2013 | Burlington | Reporter: Mark Dugdale
There is no “game changing” natural catastrophe on the horizon for reinsurers, predicted a keynote speaker at the Vermont Captive Insurance Association annual conference...
Delaware joins battle against misreading of the NRRA
13 December 2012 | Delaware | Reporter: Georgina Lavers
Securities Lending default image
The Delaware Captive Insurance Association (DCIA) has joined the Clarity for Captive Insurers Coalition (CCIC). The new coalition of the captive insurance industry was formed under the leadership of the Vermont Captive Insurance Association...
Sinclair Risk joins Vermont captive association
14 September 2012 | Connecticut | Reporter: Georgina Lavers
Securities Lending default image
Sinclair Risk & Financial Management has become a member of the Vermont Captive Insurance Association (VCIA). Sinclair is an independent insurance...
VCIA fills seats at Vermont conference
04 September 2012 | Vermont | Reporter: Georgina Lavers
Securities Lending default image
The Vermont Captive Insurance Association saw an increasing number of attendees for its annual conference in Burlington, Vermont. Attendance rose above last year’s mark...
VCIA conference: one moment of clarity
08 August 2012 | Vermont | Reporter: Mark Dugdale
Securities Lending default image
Congressman Peter Welch told attendees of the Vermont Captive Insurance Association (VCIA) conference that he is trying to get the US Dodd-Frank Act clarified for the benefit of the captive insurance industry...
VCIA conference: back to basics
07 August 2012 | Vermont | Reporter: Mark Dugdale
Securities Lending default image
The Vermont Captive Insurance Association (VCIA) conference kicked off with a comprehensive panel discussion on setting up a captive...