VCIA Names Lambert As New President

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By Caroline McDonald

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NU Online news Service, May 8, 2:45 p.m.EST?The Vermont Captive Insurance Association announced onMonday that Molly Lambert, Vermont's secretary of commerce andcommunity development, will succeed Lisa Ventriss as its newpresident.

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Ms. Ventriss, who will leave her post of five years on June 1 toserve as president of the Vermont Business Roundtable Association,said Ms. Lambert was hired largely because of her stronglegislative background and because she is "skilled at dealing witha very diverse group of constituents with sometimes competinginterests."

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Though she doesn't have an insurance background, Ms. Ventrisssaid that Ms. Lambert has had "the policy oversight of the captiveindustry. Captive insurance was under her umbrella as agencysecretary, so she knows how important this industry is."

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Ms. Ventriss continued that Ms. Lambert's initial focus will bethe organization's annual conference, which takes place Aug. 13-15in Burlington, Vt.

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Ms. Lambert has served Gov. Howard Dean as secretary of theagency since 1998. As secretary, she served as chief advisor to thegovernor on public policy, projects and programs related toeconomic development (including captive insurance), housing, andtourism, according to VCIA.

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Ms. Lambert previously served as the key liaison with theVermont legislature and congressional delegation to ensure supportof the agency's public policy initiatives. She also served as theleading spokesperson to media, regional partners and organizationsthroughout the state for issues related to economicdevelopment.

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"We are very fortunate to have found someone of Molly's caliberat this important point in the history of the association," saidRich McCarthy, who chaired VCIA's search committee. Mr. McCarthy isexecutive vice president and treasurer of Title Industry AssuranceCompany RRG, in Washington, D.C., which is domiciled inVermont.

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"Molly's proven track record of legislative experience at thestate and federal levels, and her hands-on style of leadership,particularly in the non-profit sector, makes her the idealcandidate to succeed Lisa," he said.

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