Ventriss Resigns As VCIA President
By Caroline McDonald
NU Online News Service, April 3, 4:23 p.m. EST?Lisa M. Ventriss, president of the Burlington, Vt.-based Vermont Captive Insurance Association, today announced her resignation effective June 1.
According to a press release, Ms. Ventriss has accepted the position of President of the Vermont Business Roundtable, a non-profit organization committed to "sustaining a sound economy and preserving Vermont's unique quality of life" by studying and making recommendations on statewide public policy issues.
Jean VanTol, who is chairman of VCIA and president of the Resort Hotel Insurance Company, a Vermont-based captive insurance company, made the announcement.
In her letter to the membership, Ms. VanTol said, "Lisa's five-year tenure as VCIA's President has been a very productive and positive period in the association's history and we are grateful for her many contributions. She will be a hard act to follow!"
A search committee has been convened to identify a successor, with the goal of having a new president in place by June, according to the release.
Established in 1985, VCIA is the largest captive insurance association in the United States, with 255 member companies.
Ms. Ventriss also is president of the Minneapolis-based Coalition of Alternative Risk Funding Mechanisms.
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