VCIA names four new board members

All four will attend first board meeting in October
VCIA names four new board members
INSURANCE NEWS
By Steven Byerley
Aug 01, 2023

Voting for the Vermont Captive Insurance Association (VCIA) board members has concluded, and all four candidates have been elected, the association said.

The newly elected board members are:

  • Ian Davis, senior vice president of captive insurance at M&T Bank
  • Ryan Gadapee, shareholder at Primmer Piper Eggleston & Cramer
  • Cameron MacArthur, founder and CEO of A.I. Insurance
  • Melinda Young, vice president of risk management at Alberici Constructors

All four are  set to participate in their first VCIA board meeting in October.

“On behalf of the entire VCIA board, we are thrilled to add these new members who we know will bring new ideas and energy to the organization,” said Tracy Hassett, VCIA board chair and president and CEO of edHEALTH. “It’s an exciting time as we are about to begin a strategic planning process to ensure that the VCIA remains the premier captive association and a major educational and networking resource for the entire industry.”

“Ian, Ryan, Cameron, and Melinda bring incredible assets to the VCIA board,” said Kevin Mead, president of VICA. “Not only that, they offer diverse perspectives that will be essential to our process, coming from the banking, legal, insurance software, and risk management, captive insurance fields, respectively.”

Read next: Captive formation continues to surge

“It’s an honor and a privilege to serve,” David said. “We look forward to working collaboratively with our fellow Board members and VCIA Staff in support of the Association’s overall mission and objectives.”

This year's VCIA board voting was conducted virtually. Additionally, VCIA's 2023 Annual General Meeting and Captive State of the Union event have also been moved to an online format, scheduled to take place on No. 2 from 2 p.m. to 3:30 p.m. EST.

Vermont, a leader in the captive insurance market, recently updated its captive insurance regulations to improve the confidentiality of company information.

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