Ventriss Exiting VCIA For Vt. Roundtable

|

By Caroline McDonald

|

NU Online News Service, April 4, 3:24 p.m.EST?Lisa M. Ventriss, president of the Vermont CaptiveInsurance Association in Burlington, Vt., yesterday announced herresignation effective June 1.

|

Ms. Ventriss, VCIA president for five years, will take a newpost as president of the Vermont Business Roundtable, a non-profitorganization.

|

"While I wasn't looking to leave my organization, this was anopportunity that I couldn't let pass by," Ms. Ventriss toldNational Underwriter.

|

Ms. Ventriss said she planned "on bringing many of the lessonsI've learned in this job to the Roundtable. There is no captivepresence in the Roundtable today, but there should be. I hope I canmake those introductions and bring that expertise to themembership."

|

Of her tenure at VCIA she said she is happiest that theassociation "has grown in its professionalism and its staturewithin the industry." The growth, she said, includes theprofessionalism of the staff, the "breadth and quality" of theprograms offered, the "strength of its voice" on advocacy issuesand the association's ability to affect change.

|

These accomplishments, she said, have involved teamwork. "We'vealways had a tremendously supportive board of directors. They havedone what they do well, which is to craft the vision and thephilosophy of the association, and then they let me make ithappen."

|

Ms. Ventriss, also president of the Minneapolis-based Coalitionof Alternative Risk Funding Mechanisms, said she will alsorelinquish that position. A new president most likely will bechosen from the organization's list of officers, she said.

|

Leonard Crouse, director of captive insurance for the VermontDepartment of Banking and Securities, said that Ms. Ventriss iswell suited to her new position and will "blow the captive hornwherever she goes. Her love and respect for what we do here hasbeen phenomenal."

|

Under her watch, he said, VCIA's annual conference has grown andVermont's reputation as a domicile has expanded.

|

"Financially the organization is in great shape," he said. "Andshe's been a great asset to me and my department. As regulators wecan't get into the lobbying or the marketing, and she's carriedthat banner well for the state of Vermont and our industry."

|

A search committee has been convened to identify a successor,with the goal of having a new president in place by June, accordingto the release.

|

Established in 1985, VCIA is the largest captive insuranceassociation in the United States, with 255 member companies.

|

As for this year's conference, scheduled Aug. 13-15, Ms.Ventriss said she will probably "gate-crash, and they'd better handme a visitor's pass."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.