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Thu, 08/05/2021 - 9:04am katie Vermont Business Magazine With conditions tightening in the traditional market, captive insurance formations are accelerating in Vermont, the largest US captive insurance company domicile. During the first 6 months of 2021, 23 new captives were licensed in Vermont, up from 16 during the same period in 2020. The traditional market is in turmoil, and so there is significant increase here in forming new captives and modifying existing captives, said David Provost, deputy commissioner of captive insurance in the Vermont Department of Financial Regulation in Montpelier. Vermont s captive growth is expected to continue. I don t see it slowing down anytime soon. We have three captive applications in process and have had three new business meetings this week alone, Mr. Provost said.

United statesVermont department of financial regulation in montpelierVermont business magazine withDavid provostVermont departmentFinancial regulationஒன்றுபட்டது மாநிலங்களில்வெர்மான்ட் வணிக பத்திரிகை உடன்டேவிட் புரோஸ்ட்வெர்மான்ட் துறைநிதி ஒழுங்குமுறை