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

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…

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The best job you’ve never heard of: a career in captive insurance

“ICCIE has given me the vocabulary to understand the nuances when I’m speaking with Vermont’s captive insurance companies.” -Brittany Nevins, Vermont’s Department of Economic Development The Vermont Captive Insurance Association (VCIA) is taking action to bring more young people into the industry. At the 2022 VCIA Annual Conference, workforce challenges were cited as one of…

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Vermont’s rise to the top

A lot has changed since the State of Vermont first adopted its captive insurance legislation in 1981. Bell-bottom jeans fell in and out of style. Sally Ride became the first American woman to travel to space. The internet was invented and soon came to consume nearly every facet of our lives. The times have changed and…

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Competitors or peers, captive domicile leaders agree: Let’s meet in Vermont

 Kevin Gaffney, Commissioner of the Vermont Department of Financial Regulation, sheds light on the enduring growth of Vermont’s thriving captive insurance industry.  Sandy Bigglestone, Vermont’s Deputy Commissioner of Captive Insurance, speaks to Vermont’s esteemed position as the Gold Standard of captive insurance and delves into the reasons behind the notable increase in the…

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Behind the scenes of Vermont’s captive insurance division

  How long have you been with the Vermont Department of Financial Regulation (DFR)’s captive insurance division and what is your current role as deputy commissioner? Sandy Bigglestone: I have been with the division for 26 years. My current role, as deputy commissioner, involves overseeing a staff of approximately 30 people. Together, we licence and…

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