Registration Open

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May 1st means only one thing around Vermont (well, maybe our particular piece of Vermont): registration for VCIA’s Annual Conference is now open!

With 1100 attendees joining us last year, the VCIA conference is the largest and most comprehensive captive insurance conference in the United States. Nearly 30 educational sessions will cover topics from those new to captive insurance and industry veterans.

A couple of new features this year include Captive Immersion which takes place on Monday, August 5th.  Captive Immersion will educate those new to the industry on the key services of captives, in a condensed time frame. Includes lunch, an afternoon of education, and a cocktail networking reception.

Also new this year are Learning Circles. Sign up for a Learning Circle to connect with 6 – 8 other attendees and a conference ambassador, where you’ll make connections, get acclimated to the event, and learn from each other!

Our two keynote speakers are NASA Astronaut Mike Massimino and Laura Drabik, Group Vice President of Business Innovation at Guidewire Software.  Mike will share his firsthand account of his missions to the Hubble Space Telescope and tell incredible stories of what it’s like to have one of the most dangerous jobs in the world.  And Laura will provide keen insight on disruption, tech and innovation in the insurance industry. Her passion for insurance is rooted in purpose and her inspiring talk on August 6th is not to be missed!

Come join us this August to learn about captive insurance from the industry experts. Explore trends and strategies to use in your organization, collaborate with others, and earn credit from our thought-provoking sessions!

Thank you all very much, and I look forward to hearing from you!

Rich Smith
VCIA President

At RIMS in Beantown

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I am down at the giant RIMS convention in my hometown – Boston – right now. There is a large contingent of Vermonters down here all being herded by Ian Davis, Vermont’s Director of Financial Services.

Our goal is to have Vermont stand out in a field of 10,000 plus attendees at this conference. Vermont brings down their “super” booth which draws a crowd every year for those who want to learn more about our innovative industry, to those who just want to come over and say “hi”. Janice Valgoi and I with a number of our members hold our own against the huge presence of many international insurance companies, brokers and service providers.

And sure, Bermuda gives out their bags every year (how many Bermuda bags can one own!), nothing beats Vermont maple syrup and the ice cream social we host every day. So, if you are at RIMS, please come by and say hello!

And speaking of conferences, online registration for the VCIA 2019 Annual Conference opens tomorrow! Some fantastic new features are in the works for this year including “Captive Immersion”, “Learning Circles”, an outing to Burton Snowboards for captive owners, and a longer exhibitor reception with samplings of Vermont spirits throughout the hall. We have two excellent keynote speakers; one is even an astronaut! It’s going to be a fantastic event. Check it all out at www.vcia.com and let me know what you think!

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

Rich Smith
VCIA President

Captive Immersion

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Every year VCIA looks for new ways to provide content and updated information to our members at our annual conference. This year we are trying something new: we have scheduled a half-day on Monday afternoon, August 5th, right before the conference gets started for what we are calling Captive Immersion.

VCIA’s Captive Immersion is designed to familiarize individuals who are new to the captive industry (or who just want to understand captive roles more fully) on the key services that are needed during captive feasibility study, formation and management. These services include legal, auditing, management, actuarial, investments, and captive regulation. Industry experts will give newcomers a complete sense of the various components and their importance in the overall captive picture. The afternoon begins with lunch and concludes with a cocktail networking reception for participants of Captive Immersion, the session speakers, VCIA board members, Platinum sponsors and invited captive owners.

Upon completion, participants will be able to better understand key stakeholdings in the captive insurance industry; obtain a higher-level understanding of the captive insurance industry; learn how and when to engage the services of a particular service provider; understand the roles and responsibilities of each service provider group.  A lifetime’s worth of knowledge all in one afternoon (with drinks at the end to boot)!  So, keep a lookout for more information, including our official May 1st conference kick-off day.

Thank you all very much, and I look forward to hearing from you!

Rich Smith
VCIA President