CAPTIVE INSURANCE
Vermont Captive Guidance
- Appointed P&C Actuaries Guidance (Effective 12/31/2024)
- Cybersecurity Best Practices (Effective 7/2023)
- Dormant Captive Insurance Company General Guidance (Updated 11/23/2023)
- Investment Custodial/Safekeeping Agreement Guidance for Group Captives (Updated 03/2024)
- Proforma Financial Projections Guidance (Effective 1/21/2022)
- Protected Cell Guidance (Updated 03/2024)
- Remote Notarization Guidance
ELECTRONIC SIGNATURES AND NOTARIZATION GENERAL GUIDANCE
- We allow electronic or e-signatures utilizing digital signature software and request that available software confirmations, such as e-signature certificates, be included within PDF filings.
- For documents requiring a notarized signature it is our expectation that documents be notarized, whether original or remote.
- Per the Vermont Secretary of State, Vermont notaries are allowed to notarize remotely
- We will accept remote documents from out of state if that state allows remote notarization.
- There are several technology companies that offer end-to-end remote notarization systems, which may be permitted by other states where the notarization originates. They include, but not limited to:
All forms may be submitted electronically in combined single PDF unsecure format and Zip files are NOT accepted. Please see specific form and applications general instructions for further instructions and submission address.
Regarding the submission of VCAR Excel files to DFR.CaptiveFinancialFilings@vermont.gov. Please ensure that the following guidelines are followed: 1) Macros MUST be DISABLED on all Excel files. 2) DO NOT submit Excel files with the .xlsm extension. We are unable to accept macro-enabled Excel files, and submissions with the .xlsm extension will be rejected. If you experience any issues or receive an undeliverable message after following these steps, please don’t hesitate to contact us for assistance.