Monday, May 6, 2024

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GCP Short: A waste disposal captive and new formations in Vermont

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Dan Youngs, LCSWMA
Sandy Bigglestone, State of Vermont
Steve McElhiney, Artex

In this GCP Short, produced in collaboration with Friends of the Podcast the State of Vermont, Richard is joined by Sandy Bigglestone, Director of Captive Insurance at the State, and others to discuss the recent surge in formation activity.

Dan Youngs, CFO at Lancaster County Solid Waste Management Authority (LCSWMA), explains why they formed a captive earlier this year. Sustainable Assurance Company actually became the 1,200th captive licensed by Vermont in its 40 year history as a domicile.

Steve McElhiney, of Artex, expands upon what made LCSWMA an ideal case for a new pure captive and the wider trends driving new formations.

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