A group captive is formed by a group of individuals or entities that come together to jointly own a captive insurance company. The group captive or pool may also provide other risk management services for the group.
VCIA’s President, Legislative Committee and Board of Directors work together to monitor and influence legislation favorable to captives. Current laws and regulations are monitored, and VCIA works with the state’s policymakers to address any unintended outcomes and recommend further enhancements as necessary. VCIA also works with its members to identify additional opportunities for strengthening the Vermont domicile, and works to gain passage of legislation. Legislative alerts are shared with VCIA Members to keep them informed on current issues.
Since 1985, VCIA has provided effective legislative representation for Vermont’s captive industry. Your membership in VCIA keeps the whole industry strong!