Captives gather for conference
BURLINGTON - The 27th annual Captive Insurance Conference will take place Tuesday and Wednesday at the Sheraton Hotel and Conference Center and the University of Vermont’s Davis Center.
Vermont continues to be the premier home for the captive insurance business in the United States and the third largest captive insurance business locale in the world.
Among the close to 600 active captive insurance companies in Vermont are 42 of the Fortune 100 and 18 of the 30 companies that comprise the Dow Jones Industrial Average.
Vermont has established a range of captive insurance programs; from hospital groups forming captives for their professional medical liabilities, to small and mid-cap companies seeking coverage as well. The industry is also responsible for more than 1,400 jobs (direct and indirect) for Vermonters.
The conference, “Vermont Captives: Making the Right Call,” is expected to attract more than 1,100 attendees.