Online Trade Mission with Mexico

Join Us for the Captive Insurance "Online Trade Mission" with Mexico
Complimentary Admission for Mexico-based Attendees and VCIA Members

This event will be held via webcast September 30, 2020 from 11am - 12:30pm EST

Ver esta información en español


Bob Gagliardi
Armando Lara Yaffar
KPMG Mexico

Sandy Bigglestone
State of Vermont

David Provost
State of Vermont



Alejandro Santos

Richard Smith

Mike Serricchio




The State of Vermont & VCIA invite interested parties to attend this educational webcast and learn about captive insurance:

Session Title: Strategic Advantages of Captive Insurance Programs

Captive insurance refers to a subsidiary corporation established to provide insurance to the parent company and its affiliates. A captive insurance company represents an option for many organizations, from Fortune 500 companies to nonprofits, that want to take financial control and manage risks by underwriting their own insurance rather than paying premiums to third party insurers. There are currently over 6,400 active captive programs around the world that service their parent companies risk management and risk financing needs.

The State of Vermont is the largest U.S. domicile for captive insurance and third largest in the world, home to nearly 600 active captive programs, including a number that do business in Mexico and Latin America. As the interest in captive insurance continues to grow among Latin American companies, the State of Vermont seeks to ensure that the captive concept is well understood and communicated, including the benefits of being regulated in a reputable onshore jurisdiction.Join us for this session where our expert panelists will focus on the basics of captive insurance companies; the reasons for formation, the feasibility process and key issues in putting a successful captive program together. 

Gain an understanding of the cost structures associated with captives and the capital requirements.  A brief overview of the Vermont domicile will also be discussed. To round out the session, experts will discuss emerging tax issues for Mexican captive insurance programs setting up operations in the United States. Register now for this complimentary, informative event!

If you have questions regarding captive formation, please forward them before the session to VCIA:  We will work to customize the presentation to meet your needs. Thank you, and register now!

    Join us to learn about:

  • The benefits of captive insurance company formation
  • Types of captives
  • Selecting a domicile
  • Process to form a captive program
  • Tax implications in Mexico and U.S.
  • Business plan development
  • Benefits to the corporation – elimination of investment restrictions, exemption form rate and form filing requirements, lower capital and surplus requirements; cost stabilization, control, cost reduction;
  • Regulatory issues – Mexico and Vermont

    Perfect for:

  • Risk management executives of companies, associations or institutions considering captive formation;  
  • Executives of companies, associations or institutions with captives who wish to update their knowledge or review the way in which captives are currently operating and managed;
  • Commercial insurance agents, brokers, legal counsel

Via Webcast September 30, 2020, 11am - 12:30pm EST.
Complimentary Admission for Mexico-based registrants and VCIA Members.

Our Expert Speakers:

Sandy Bigglestone, Director of Captive Insurance - Vermont Department of Financial Regulation – Captive Division
Bob Gagliardi, Global Director of Captive Management & US Fronting, AIG
Armando Lara Yaffar, International Tax Partner, KPMG Mexico
David Provost, Deputy Commissioner Captive Insurance - Vermont Department of Financial Regulation – Captive Division
Alejandro Santos, Latin American Leader for Risk Analytics & Captive Solutions, Marsh
Mike Serricchio, Managing Director, Marsh
Richard Smith, President, Vermont Captive Insurance Association

Thank You Event Sponsors:


To Register, simply send your name, title and contact information to