VCIAVermont Captive Insurance Association
VCIAVirginia Crop Improvement Association (agriculture)
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Best reviews financial results, risk issues and business developments ahead of the annual VCIA conference in Vermont.
VCIA, which has traditionally gone to bat for the captive industry on federal and state issues, has a responsibility to Vermont first.
After all, Smith was appointed to succeed long-time former president Molly Lambert last September, after the August VCIA conference had been put in the history books.
The International Center for Captive Insurance Education will also be hosting five core courses in the two days prior to the VCIA event, which attendees may sign up for in advance.
Combine this with the infrastructure in place in Vermont, the commitment of the legislature and the fact that it is onshore, and maybe even throw in the VCIA and the biggest (captive) conference in the world, and you have what is the safest domicile option out there by a mile at a reasonable cost," Theriault said.
VCIA Annual Conference Burlington, VT; August 10-12
VCIA Conference The Vermont Captive Insurance Association holds its 24th annual conference at the Sheraton Hotel and Conference Center in Burlington, Vt.
If that per-occurrence deductible were $25 million, it would be hard for many companies to face multiple hits in a same year, Nathan said during an interview at the VCIA.
VCIA also has the ability to include cash securities in the portfolio; however, at issuance the initial portfolio consisted entirely of synthetic securities.
VCIA was established in December 2002 as a Delaware limited liability corporation and is owned 46% by its six principals, 48% by Bank of America, and 6% by third party investors.
Crouse's legacy is the talent he has built into the captive insurance division, said Molly Lambert, president of the VCIA.