Leonard D. Crouse, former director of captive insurance in Vermont and a leading spokesman for the captive-insurance industry, received the inaugural Karen Cutts Visionary Award from the National Risk Retention Association (NRRA) at its annual conference held Oct 5-7.
The Cutts Award will be given each year to an individual who has made an outstanding contribution to the risk-retention group and purchasing-group liability-insurance industry.
“Len Crouse is recognized as the leader who built the Vermont Captive Insurance Department into the leading captive regulator in the nation,” says NRRA Chairman Brian Braley. “The captive regulatory structure developed by the Vermont department under his leadership set the standard for captive regulation throughout the United States.”
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