Vermont deputy commissioner of captive insurance Provost to retire

David Provost, deputy commissioner of captive insurance with the Vermont Department of Financial Regulation in Montpelier since 2008, will retire at the end of the summer.

An announcement of a new appointment to the deputy commissioner position will be made in the coming weeks, the state’s Agency of Commerce and Community Development said in a statement Wednesday.

Mr. Provost joined Vermont’s then Department of Banking, Insurance, Securities and Health Care Administration in 2001 and has over 30 years of experience in the captive sector. He has licensed over 400 captive insurance companies in his time as deputy commissioner.

Mr. Provost received the Distinguished Service Award from the Captive Insurance Companies Association earlier this year.