VCIEL created to recruit & hone captive talent

A group of rising captive professionals has partnered with the Vermont Captive Insurance Association (VCIA) to formalise the Vermont Captive Insurance Emerging Leaders (VCIEL), a platform to recruit students to the industry and also cultivate the emerging talent already working in captives.

VCIEL will hold regular meetings and welcomes more captive professionals to bolster its group. It will provide student outreach and networking opportunities, as well as build out a roster of talented speakers to infuse the captive conference circuit with fresh energy.

It will be formally launched at a party on April 12th from 5:30-7:30pm at Pizza44 in Burlington and has invited the broader captive community to support this initiative.

“VCIA is proud to work with the VCIEL to take strategic actions that yield positive results for the industry. We take this workforce challenge seriously and the group is a deliberate way to seek effective solutions,” said VCIA president Kevin Mead.

Ian Davis, senior vice president of captive insurance at M&T Bank and a member of VCIEL, reflected: “Vermont is home to one of the largest networks of experienced and knowledgeable captive insurance professionals in the world. VCIEL represents one way to leverage the expertise that exists to promote the state, highlight captive insurance career opportunities, and support future leaders.”

Brittany Nevins, captive insurance economic development director for the State of Vermont and who was described as a major catalyst for the group, added: “We are at a critical time in our industry where there’s rapid growth captive formations, while those who are providing services to these companies are retiring faster than those entering the industry. We will address this challenge proactively in Vermont with VCIEL.”

More information about VCIEL can be found at vcia.com.