Mud Season

Just a brief check-in with everyone out there in these unprecedented times. The VCIA staff and I sincerely hope that you are all navigating this situation as skillfully as possible and are staying well.  Things have not radically changed since last week —like many governors, Vermont Governor Phil Scott has issued a stay-at-home order in place until April 30th. Gov. Scott says he expects to extend that timeline but it’s unclear right now for how long.

All organizations are seeking a road map through this crisis, but it has been difficult. We all operate best on data and information, but as we know, things seem to change daily. As Janice Valgoi said on a staff call this week, it seems appropriate that we are in Mud Season here in Vermont; as everything is about as clear as mud for the time being. Let’s hope we all gain some clarity in the next few weeks. And let’s especially hope that the health of our many communities fares as well as possible.

VCIA continues to push forward with all staff working from home. It has been great hearing from our captive insurance friends on how they are doing and sharing stories within this crisis. As usual, many captive professionals continue to surprise and inspire VCIA with their creative thinking and problem-solving skills. Our members truly are the best and the brightest. Thank you all.

Please feel free to reach out to any of us here at VCIA if we can be of help in any way (or you just want to say hello).  VCIA is presenting a webinar May 14th covering current market conditions, impacts on captives, and raising good questions and discussion on the current crisis. Be sure to join us!

Thank you and stay safe!

Rich Smith
VCIA President

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