Inside Vermont's Approach to Captive Insurance Oversight

Recorded live at the CICA conference, this The Edge of Risk Podcast episode features Christine Brown of the Vermont Department of Financial Regulation, who discusses how one of the industry's most established domiciles approaches captive oversight. Ms. Brown outlines Vermont's focus on solvency, governance, and proactive communication, emphasizing the importance of early regulator engagement when captives expand into new lines or adjust their strategies.  

She also explains how regulators assess capital adequacy, pricing, and risk assumptions, while highlighting common governance strengths and red flags. The conversation further explores board engagement, evolving coverage strategies, and key areas captive owners should prioritize in today's environment, including emerging risks, policy exclusions, and claims management practices. 

Hear the full conversation on Captive.com for practical insights into captive governance, regulatory expectations, and strategies for building a stronger, more resilient captive program.