Two quick pieces of news regarding VCIA members to bring forward.

First, congratulations to VCIA Board Member Anne Marie Towle, for being one of this year’s winners of Business Insurance magazine’s “Women To Watch” award!  Launched in 2006, the award recognizes women leaders doing outstanding work in risk management and commercial insurance. Nominated by readers based on their accomplishments, expertise, leadership, and future prospects, honorees are selected by a panel of editors.  Anne Marie is Hylant Global Captive Solutions leader, and joins Sandy Bigglestone, Director of Captive Insurance for the State of Vermont, who was awarded this prestigious honor last year.

And a warm welcome to Vermont goes out to Arsenal Insurance Management, which is opening a new office in Burlington. Arsenal, founded in 2006, is headquartered in Montgomery, Alabama, and joins the already considerable number (20!) of captive managers with Vermont offices. I had the privilege of seeing Arsenal president Norm Chandler on a panel at the National Risk Retention Association conference in Chicago a few weeks ago. He presented a session entitled RRGs in The Future of Healthcare Without Health Insurance alongside fellow VCIA members Tim Padovese, CEO of Ophthalmic Mutual Insurance Co., and Stephen Koca, Principal and Consulting Actuary at Milliman. Join me in welcoming Arsenal to VCIA and to Vermont!

Thank you very much,  I look forward to hearing from you.

Rich Smith,
VCIA President