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In: Economics

How has the number of Vermont captives and the premiums written by these captives grown over...

How has the number of Vermont captives and the premiums written by these captives grown over time in Vermont?

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Expert Solution

Vermont was first states which adopted captive enabling legistation and the state has been at the leading position of the captive insurance industry. With the largest network, experienced workers, knowledgeable persons, professionals and service providers.

Vermont provides all necessary resources for captive to thrive.

Vermont's captive fees and premium tax rates are competitive and easy to pay.

Reasons to domicile captive in Vermont

1. Most experienced and knowledgeable capture insurance.

2. Government support.

3. Largest service provide network.

4. Forefront of captive insurance business.

5. Unique infrastructure.

6. Accessibility.

7. Competitive costs.

8. Gold standard reputation.

Rahul Sunny answered 1 year ago
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