Saturday, June 15, 2024

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VCIEL raising profile of captives among Vermont’s students, wider industry

The new Vermont Captive Insurance Emerging Leaders (VCIEL) group is keen to raise the profile of its sector across the State among both students and those working in other industries.

VCIEL was launched in March, in partnership with the Vermont Captive Insurance Association (VCIA), and is being led by a group of younger captive professionals who are keen to tackle the demand for talent in the industry.

Speaking on episode 90 of the Global Captive Podcast Jennifer Gagnon, paralegal at Primmer Piper Eggleston & Cramer PC, and Danielle Brown, captive account manager at Hylant Global Captive Solutions, explained the ambitions and activity of the group.

“We’re really targeting a couple of different demographics,” Gagnon, who chairs VCIEL’s education committee, said.

“We are really interested in targeting younger individuals, students who are looking at their careers and how they want to progress.

“There’s so much variety in the captive industry in terms of how you can serve the industry that we want to make sure that people know it exists and know that it’s here and why it’s so great to be a part of this community.”

The group, however, is also focused on broadening awareness of the captive market to other parts of the State’s economy so a wider pool of talent can be tapped into.

“We’re also targeting people who are also already in certain fields that work well in captives and just may not realise that those jobs are available or that this industry is there for them,” Gagnon added.

“For example, we are working on trying to let attorneys here in Vermont know captive exists. It’s a huge industry in Vermont, you know nothing about it, learn a little about it. It might be something you might be interested in looking into, especially if you have a corporate or insurance background.”

Brown chairs the resources and marketing committee for VCIEL and said success in five years time for the group would be to have raised the profile of the captive industry in Vermont and made it appealing to the next generation.

“I think just having kids from universities seeing the opportunity here and not feeling like they have to leave the State to get a new job and that there’s opportunity here,” she said.

Listen to the full interview with Jenni Gagnon and Danielle Brown on episode 90 of the Global Captive Podcast on the Captive Intelligence site here, or on any podcast app. Just search for the Global Captive Podcast.