Events Calendar

Upcoming Events:

Note on Fees: For roadshows, $35 for VCIA members and $50 for non-members; for webinars, $100 for VCIA members and $150 for non-members - $85/person for 3 or more people from a VCIA member company, $135/person for 3 or more people from a non-member company.

Current Events

9c602b1c-40ca-4b86-8914-58fafb6345c92023 Captive Taxation: Current Issues and Open Forum9893a89b-73c9-464f-92b8-2117797e2f4f<div><p style="0in;normal">Join us December 12th for an engaging and informative dialogue that will address some of the captive industry's most pressing questions. You will be eligible to recieve 1 CPE/CRE or VT CLE credit.</p><div> </div><div>Please contact info@vcia.com if you have any questions, concerns, or need help with your registration. For group registrations, please call (802) 658-8242.We hope that you will be able to join us! </div><div> </div><div><b>Date: </b>December 12th, 2023</div><div> </div><div><b>Time:</b> 2:00 - 3:15 p.m. EST</div><div> </div><div><b>Program Content:</b> VCIA is pleased to present its annual captive taxation webinar. Join us on December 12th as our esteemed captive tax specialists review current tax issues through a case study examining a multinational organization’s considerations when proposing to form a captive insurance company domiciled in Vermont. This year’s session reviews the federal tax building blocks required for captive insurance company tax treatment and expands to include the implications of a worldwide organization.</div><div id="pastingspan1"><br></div><div id="pastingspan1">Session highlights will include an overview of state and federal tax considerations of insuring U.S. risks, as well as the implications on international operations and structure. Our panelists will include an analysis of the tax principles when evaluating the formation and operation of a captive insurance company. Our tax specialists will also navigate the various issues impacting worldwide organizations looking to finance risk through a U.S. based captive insurance company.</div><div id="pastingspan1"><br></div><div id="pastingspan1">Eager for an opportunity to speak with our esteemed panel? New this year, VCIA is pleased to include an Open Forum allowing YOU the opportunity to ask questions directly to our expert panelists, on any topic! You don’t want to miss this opportunity!</div><div id="pastingspan1"><br></div><div id="pastingspan1"><b>Learning Objectives: </b></div><div id="pastingspan1"><br></div><div id="pastingspan1">After completing this webinar, participants will be able to:</div><div id="pastingspan1">• Identify the key qualifications for insurance company tax treatment of a captive.</div><div id="pastingspan1">• Cite key facts relevant to federal and state tax considerations. </div><div id="pastingspan1">• Identify potential opportunities and challenges presented to captives owned by worldwide organizations.</div><div id="pastingspan1"><br></div><div id="pastingspan1"><b>Prerequisite:</b> Basic understanding of tax and captive operations</div><div id="pastingspan1"><br></div><div id="pastingspan1"><b>Level:</b> Intermediate</div><div id="pastingspan1"><br></div><div id="pastingspan1"><b>CPE/CLE Credits:</b> 1</div><div id="pastingspan1"><b>Advanced Preparation: </b>None </div><div id="pastingspan1"><b>Field of Study:</b> Taxes</div><div id="pastingspan1"><b>Delivery Method:</b> Group Internet Based</div><div id="pastingspan1"><b>ICCIE Credit:</b> 1 ACE CE and 1 ICCIE Teleconference Credit</div><div id="pastingspan1"><b><br></b></div><div id="pastingspan1"><b>Moderator: </b>Kevin Mead, President, Vermont Captive Insurance Association</div><div id="pastingspan1"><br></div><div id="pastingspan1">Dr. Daniel J (Dan) Kusaila, DBA, Partner, Crowe LLP</div><div id="pastingspan1"><br></div><div id="pastingspan1">Charles J (Chaz) Lavelle, Partner, Dentons Bingham Greenebaum LLP </div><div id="pastingspan1"><b><br></b></div><div id="pastingspan1"><b>Content Advisor:</b> Dana Marino, Innovative Captive Strategies </div><div id="pastingspan1"><b><br></b></div><div id="pastingspan1"><b>Webinar Fees:</b></div><div id="pastingspan1">$100.00 VCIA Members</div><div id="pastingspan1">$85.00 per person rate for three or more from one VCIA member company</div><div id="pastingspan1">$150.00 Non-Members</div><div id="pastingspan1">$135.00 per person rate for three or more from one VCIA non-member company</div><div id="pastingspan1"><br></div><div id="pastingspan1">Please note: In order to qualify for the three or more rate, all members of the group must be registered at the same time by email to estevens@vcia.com</div><div id="pastingspan1"><br></div><div id="pastingspan1">This webinar will be via computer only. No phone-in option is available. Full instructions will be sent to all registrants a few days prior to the webinar. Participants must be pre-registered/paid to participate in the webinar. There are no refunds permitted but advance substitutions are allowed.</div><div id="pastingspan1"> </div><div id="pastingspan1">REGISTRATION DEADLINE December 11th </div><div id="pastingspan1"><br></div><div id="pastingspan1"><i>For more information regarding administrative policies such as complaints and refunds, please contact the VCIA office at 802 658 8242 or email leach@vcia.com.</i></div><div id="pastingspan1"> </div><div id="pastingspan1"><i>Vermont Captive Insurance Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.</i></div><p style="0in;normal"><i><span style="font-size: 10pt; font-family: "Times New Roman", serif;"></span></i></p> <br></div>2023-12-12T00:00:00-05:008175e28d-5139-4cf2-8ee5-053095ba92692023 Captive Taxation: Current Issues and Open Forum2023-11-06T00:00:00-05:0002:005be7f64f-3a06-4004-8abd-25fed4208ca6Daniel Kusaila, CPAspeakerDaniel Kusaila is a principal with Crowe Insurance Tax Practice. Daniel has spent his entire career serving property and casualty, captives and life insurance companies in global and multi-state environments. He has significant expertise in the taxation of traditional insurance companies, single parent captives, risk retention groups, association captives, cell companies, risk pools, and reciprocal insurance companies. Mr. Kusaila has a deep understanding of all tax aspects of insurance companies, his specific areas of concentration include FATCA, federal and state tax compliance and planning, structuring of off-shore and on-shore captive insurance companies, mergers, acquisitions & reorganizations, private letter rulings, federal excise tax compliance, GAAP financial statement reporting, and Statutory financial statement reporting. He has authored several captive insurance articles for various publications, is a frequent national speaker on topics relating to Federal and State taxation of insurance companies and is an instructor for the International Center for Captive Insurance Education (ICCIE).b9569e0b-c797-4296-918f-9708d6c015d2Charles J. LavellespeakerCharles J. (Chaz) Lavelle was elected to the Captive Review Hall of Fame, and has received VCIA’s “Service to the Captive Industry,” CICA’s “Distinguished Service” and Captive Review’s “Outstanding Contribution” awards. He is a lawyer in the Louisville, Kentucky office of Dentons Bingham Greenebaum LLP. He regularly represents clients before the IRS, and frequently speaks and writes on captive insurance topics. Chaz was outside Tax Counsel for both Humana (brother-sister) and Ocean Drilling (unrelated business) in their captive insurance victories in the U.S. Court of Appeals. Among his civic and charitable activities, he is past Chair of the Kentucky Chamber of Commerce.336f0481-0156-4a8b-9edb-3142e679f660Kevin MeadspeakerKevin Mead is the President of the VCIA, the largest captive insurance trade association in the world. VCIA leads the industry in educational and networking opportunities, as well as legislative advocacy on the state and federal levels. Kevin became President of the VCIA in early 2022 and has a wealth of association management and financial experience that demonstrates his leadership ability. Prior to VCIA, he engineered a merger of three global independent accounting associations and forming PrimeGlobal, which represented 2,000 partners and 14,000 employees in 90+ countries. Holding two master’s degrees related to association management and finance, Kevin plans to build out the captive industry’s flagship conference, increase VCIA membership and membership value, and evolve the organization amid the current pandemic and economic challenges.

a1478ded-f223-4599-a603-154a32020f002023 VCIA Holiday Member Mixer22fc2e09-f95e-4541-9193-b90b9224f1b1<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span style="font-size: 10pt; font-family: Arial, sans-serif;">VCIA's Annual Holiday Member Mixer will take place on December 14th, 2023 at the Hilton in downtown Burlington.  Hors d'oeuvres, beer, and wine will be served.</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""></span></p> <p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto; line-height:normal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman"">Make plans to attend this popular event to mix and mingle with industry colleagues! </span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""></span></p> <p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family: "Times New Roman"">Where:                  Hilton Burlington lake Champlain, 60 Battery Street, Burlington, VT, 05401<br> When:                   Wednesday, December 14, 2023  </span></p><div><span style="font-family: Arial, sans-serif; font-size: 13.3333px;">                              4:30 - 6:00 p.m.</span></div> <p class="MsoNormal" style="margin-bottom:0in;line-height:normal"><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family: "Times New Roman"">For VCIA Members Only. Register today!  We look forward to seeing you!</span></b><span style="font-size:10.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman""></span></p><bgsound cep="0"><bgsound cep="1"><bgsound cep="2"><bgsound cep="3">2023-12-14T00:00:00-05:00Join us for VCIA's popular Holiday Member Mixer Network with friends and colleagues on December 14th.82d8976e-61cd-4781-9945-7e261464fc9aAon Insurance Managers USA Inc.

ef6b54e8-4166-468c-951b-bd8c7ec92a012024 VCIA Burlington Roadshow7093c62b-34e9-4efb-9288-75604fb58292<div><div id="pastingspan1">Join us for our upcoming regional seminar being held this March in Burlington. Registration is open to members and non-members of VCIA. This session 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. If you have any questions or need help registering please contact the VCIA office at info@vcia.com</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1">We hope to see you there!</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1"><b> Location: </b>Hilton Burlington Hotel </div><div>                  60 Battery Street</div><div id="pastingspan1">                   Burlington, VT, 05401</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1"><b>Date:</b> March 27th, 2024</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1"><b>Schedule: </b></div><div>                11:30am - 12:30 pm <i>Emerging Leaders Lunch - </i>Tables hosted by one emerging leader and one BOD member or VCIA staff</div><div id="pastingspan1">                1:00 - 2:00 pm Part 1<i> - Overview of Captive Insurance - Captive 101</i></div><div id="pastingspan1">               2:00 - 2:15 pm Break</div><div>               2:15 - 2:45 pm Part 2<i style=""> - State of Vermont/DFR Overview</i></div><div id="pastingspan1">                2:45 - 4:15 pm Part 3<i> - Captive Owner Success Story</i></div><div id="pastingspan1">                4:15 – 5:45 pm <i>Reception</i></div><div id="pastingspan1"> </div><div id="pastingspan1"> </div><div><b>Title:</b> "Strategic Advantages of Captives"</div><div id="pastingspan1"><b><br></b></div><div id="pastingspan1"><b>Description:</b> This session will focus on the basics of captive insurance companies; the</div><div id="pastingspan1">reasons for formation, the feasibility process and key issues in putting a successful captive</div><div id="pastingspan1">program together. Attendees will gain an understanding of the cost structures associated</div><div id="pastingspan1">with captives and the capital requirements. A brief overview of the Vermont domicile will</div><div id="pastingspan1">also be discussed.</div><div id="pastingspan1"><br></div><div id="pastingspan1">The decision to form a captive insurance company is a very individualized process that reflects the unique needs and interests of that corporation, association or institution. In this session, representatives from two different types of captives will share their thought process and experiences. Presenters will also describe the captive climate and regulatory requirements in Vermont, the #1 U.S. domicile.</div><div id="pastingspan1"><br></div><div id="pastingspan1">If you have questions regarding captive formation and would like our speakers to discuss them, please forward your questions to VCIA prior to the session via email to: leach@vcia.com We will do our best to customize the presentation we have developed to meet any specific inquiry that is received. Any information you can provide that will help us make this session more beneficial for you is welcomed.</div><div id="pastingspan1"><br></div><div id="pastingspan1"><b>Who Should Attend:</b> Those who seek insight into captives:</div><div id="pastingspan1">• Executives of companies, associations or institutions considering the formation of a captive;</div><div id="pastingspan1">• 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.</div><div> </div><div id="pastingspan1">Admission is $35 for members and $50 for non-members.</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1"><b>Credit: </b></div><div id="pastingspan1"> </div><div id="pastingspan1">CPE/CLE credit is available for the seminar portions of the Road Show.</div><div id="pastingspan1">*(ICCIE Credit is NOT available).</div><div> </div><div id="pastingspan1"> </div><div id="pastingspan1"> </div><div id="pastingspan1" style="text-align: center;"><i>Vermont Captive Insurance Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.</i></div><div style="text-align: center;"><br></div></div>2024-03-27T00:00:00-04:004fca9e40-e620-4fb2-a009-098b488f231301 - Emerging Leaders Lunch 11:30am - 12:30pm2024-03-27T00:00:00-04:0011:30 amb79246e7-348d-48da-8e44-afc5b29fdae102 - Part 1 Overview of Captive Insurance 1:00pm - 2:00pm2024-03-27T00:00:00-04:001:00 pmc89a2ebb-5b7a-4bac-8520-f30dfebaedfcKimberly FrascaspeakerKim is a Senior Account Executive at the Captive & Insurance Management office based in Burlington, VT. Kim's role as a Senior Account Executive focuses on overseeing the day-to-day operations of the captive, ensuring financial reports and regulatory filings are accurate and timely, and being the primary contact for the client. Kim joined Aon in 2016. Kim has over 15 years of experience in various accounting roles. She has spent the past 7+ years working in captive management, serving a variety of clients in different business sectors. Prior to that, she worked in corporate accounting roles preparing monthly and annual financial statements, running year-end audits, and preparing budgets and forecasts. She also worked as a financial services sector auditor with PricewaterhouseCoopers in Chicago.2e9c007c-4a95-43e9-8977-00f5d3610ec0J. Zaw WinspeakerA director in DRM’s Business Law and Captive Insurance groups, Zaw Win has a diverse practice with a focus on advising captive insurance companies and risk retention groups on matters related to organization, licensing, governance and operations. He also helps advise clients on general corporate and commercial issues, including transactional matters, corporate governance, and restructurings. Prior to joining DRM, Zaw spent 6 years as an associate in the New York office of Weil Gotshal & Manges LLP.e2c7ab41-a853-4290-b0aa-773b88e14fad03 - State of VT Update & Stories from Captive Owners 2:15pm - 4:15pm2024-03-27T00:00:00-04:002:15 pm71fc6e33-7b9d-4bde-aedd-304b27db84ebSandy Bigglestone, APIR, CPAspeakerSandy is Deputy Commissioner of the Captive Insurance Division of the Vermont Department of Financial Regulation. She is responsible for the administration and regulation of captive insurance companies and risk retention groups. Having been with the Division since 1997, Sandy has 25 years of experience regulating captive insurance. She was appointed as Deputy Commissioner effective September 1, 2022, after serving as a principal staff member to her predecessor for 14 years. Sandy is a Certified Public Accountant, Certified Financial Examiner, a Certified Public Manager with the State of Vermont, and earned an Associate Professional in Insurance Regulation designation from the National Association of Insurance Commissioners. In 2018, Sandy was a recipient of the Women to Watch Award presented by Business Insurance for her leadership, expertise, and accomplishments in the captive insurance industry. The 2023 Captive Review Power 50, which recognizes the most influential professionals in the global captive insurance industry, named Sandy at #3.1bd57bc2-fa11-4483-9c25-3b85165ab5feChristine BrownspeakerChristine Brown is the Director of Captive Insurance with the Vermont Department of Financial Regulation, where she serves to directly support the Deputy Commissioner of Captive Insurance with strategic planning, legislative initiatives and industry outreach. Christine manages Vermont’s captive regulatory operations, including licensing and monitoring of the financial condition of captive insurers domiciled in Vermont. Christine joined the Captive Division in 2003 and has been involved in all aspects of the analysis and examination processes. Prior to joining the Captive Division, Christine spent seven years in public accounting with Johnson Lambert in Burlington, VT, specializing in captive insurance, and with Ernst & Young in Boston, MA. Christine earned a MS in Accounting and MBA from Northeastern University, and a BA in Political Science from Regis College.b53cf02e-26eb-49cc-9ed3-ab06fa0fd2baKevin MeadspeakerKevin Mead is the President of the VCIA, the largest captive insurance trade association in the world. VCIA leads the industry in educational and networking opportunities, as well as legislative advocacy on the state and federal levels. Kevin became President of the VCIA in early 2022 and has a wealth of association management and financial experience that demonstrates his leadership ability. Prior to VCIA, he engineered a merger of three global independent accounting associations and forming PrimeGlobal, which represented 2,000 partners and 14,000 employees in 90+ countries. Holding two master’s degrees related to association management and finance, Kevin plans to build out the captive industry’s flagship conference, increase VCIA membership and membership value, and evolve the organization amid the current pandemic and economic challenges.54bb183a-94bf-4075-a39e-e73fb395132aBrittany NevinsspeakerAs Captive Insurance Economic Development Director, Brittany is responsible for the marketing and business development of Vermont’s captive insurance industry, working closely with the Department of Financial Regulation and Vermont Captive Insurance Association to strengthen the state’s reputation as the premier onshore captive insurance domicile. Within state government, Brittany advises Vermont’s Governor and Secretary of Commerce on new captive insurance legislation and policy recommendations to assure a beneficial business environment for expansion and relocation within the state. She also works closely with Vermont’s congressional delegation, monitoring policy pertaining to the regulation of captive insurance and related financial services industries. Brittany worked in the fields of community and economic development in the nonprofit and governmental sectors serving technology, solar, health care and child care sectors. Brittany understands regulatory systems and processes through her time with the State of Texas as a Policy Specialist for Long Term Care Regulatory Services. Most recently, Brittany worked in Austin, Texas managing Travis County’s Economic Incentive Program, where the County entered into a variety of economic incentive agreements to support businesses and further the County’s comprehensive economic development goals. Brittany received an M.A. in Sustainable Development with a concentration in Policy Advocacy & Analysis from SIT Graduate Institute and a B.A. in Political Science from the University of Vermont.969ba763-88ca-4867-b822-5b680be53772Melinda Young, CIC, CRMspeakerMelinda Young serves as Vice President of Risk Management, where she assists company leadership in the development and execution of corporate strategies for identifying, managing, mitigating and transferring risk. Melinda is also responsible for placing Alberici’s insurance program and is involved in the management of Alberici’s captive insurance companies. She oversees claims handling, trade partner prequalification and Alberici’s Subcontractor Default Insurance program. She is a Certified Insurance Counselor (CIC) and Certified Risk Manager (CRM) with more than 30 years of experience providing insurance brokerage and risk management solutions to the construction industry. Melinda is a graduate of Webster University in St. Louis, Missouri.a7161fd6-2a9b-44a0-8313-65747ca374d804 - Reception 4:15pm - 5:30pm2024-03-27T00:00:00-04:004:15 pm6bee59a0-0d2d-4ac4-bcca-bea64cb64ab0Aon Insurance Managers USA Inc.a5cc8c1c-952e-44f7-bd4a-a9e5192bf679Downs Rachlin Martin PLLC

2023 Captive Taxation: Current Issues and Open Forum

2023 VCIA Holiday Member Mixer

Join us for VCIA's popular Holiday Member Mixer Network with friends and colleagues on December 14th.

Events Calendar

About Us • Annual Conference

Current Events

2023 Captive Taxation: Current Issues and Open Forum

2023 VCIA Holiday Member Mixer

2024 VCIA Burlington Roadshow