For Immediate Release 10.23.2020
From: The Vermont Captive Insurance Association
VCIA Announces Format for August 2021 Annual Conference
BURLINGTON, VT -- The Vermont Captive Insurance Association (VCIA) has announced its decision to hold the August 2021 Annual Conference virtually.
Though it may seem early to decide the format of an event that is ten months away, there were key factors that required a decision be made at this time. Notably, hotel / meeting space contractual obligations, programming and technology decisions, ideal platform availability, and projected budget constraints for many companies for 2021. Additionally, the Association studied feedback from member organizations and understands there to be travel restrictions in place for 2021, as well as reduced budgets for in-person events.
“In order to make the VCIA Annual Conference accessible to all who wish to participate, going virtual was chosen as the best and most inclusive option.” Stated Rich Smith, VCIA President, “We will build on the success of the 2020 event, keep the quality of the education as high as ever, and increase opportunities for people to connect in small group-video settings during the event. We are listening to the needs of the entire membership, and are acting in ways that meet their needs.”
VCIA is the largest trade association for captive insurance in the world, and hosts an in-person conference every August in Burlington, Vermont, often with over 1,000 people in attendance. The event is in it's 36th year running.
“As much as VCIA would like to meet in-person, the prospects for having large scale in-person conferences in 2021 is not a sure thing. Multiple economic and public health impacts of the pandemic are being felt among our members.” Continued Smith, “VCIA looks forward to seeing everyone in person as soon as it makes sense. In the meantime, for 2021 we will evolve our offerings further, to boost up face-to-face engagement throughout the year, and create opportunities for service providers and captive owners to connect with each other.”
Established in 1985, VCIA provides lobbying support on both the state and federal levels for its over 350 member organizations, representing a broad range of institutions from Fortune 50 companies to nonprofit healthcare groups. In addition, it hosts professional education opportunities for the industry at large. VCIA has a national reputation of being a highly effective and well-respected trade association.
The 2021 Annual Conference will be held August 10 – 12, 2021. Please feel free to contact Rich Smith at [email protected] with any inquiries.
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