Vermont Mutual President and CEO Dan Bridge accepted the Deane C Davis Outstanding Business of the Year Award Thursday morning. With him, from left, are VBM Publisher John Boutin, Governor Phil Scott and Vermont Chamber President Betsy Bishop. VBM photos.
Vermont Business Magazine Vermont Business Magazine and the Vermont Chamber of Commerce this morning announced Vermont Mutual Insurance Group as the winner of the prestigious and highly anticipated Deane C Davis Outstanding Business of the Year Award, 2017. The announcement came during the opening ceremonies of the Vermont Business Expo at the DoubleTree by Hilton, Burlington.
Presented by Governor Phil Scott, this annual award honors a Vermont business that shows an outstanding history of sustained growth while displaying an acute awareness of what makes Vermont unique. The award, named for the former governor of Vermont, was created 28 years ago by Vermont Business Magazine and the Vermont Chamber of Commerce to recognize and honor the state’s best companies.
Vermont Mutual President and CEO Dan Bridge accepted the award on behalf of his Montpelier-based firm and especially thanked the Vermont customers and independent insurance agents for being great customers and clients for nearly 200 years."It really is important to buy local," he said.
Vermont Mutual Insurance Group was chartered in 1828 and is one of the ten oldest property/casualty insurers in the United States. They have operated continuously since that time in Montpelier, Vermont.Vermont Mutual Insurance Group’s strategy produces results that are closely aligned with the Deane C Davis Standards of excellence. They support a comprehensive recycling program, work with Efficiency Vermont and Kilowatt Technology to run their buildings as efficiently as possible and they support Green-up Vermont.
Governor Scott's message on the Vision for Vermont Board at Expo reads: "Grow the economy. Make VT. more affordable."
Their sales have increase 41% over the last five years and have increased their customer base by over 300,000 in the same time frame. In addition, they have added over 50 full-time employees over the past five years, a 24% increase. They have also contributed over $300,000 to 125 worthy organizations though the Vermont Mutual Charitable Giving Fund in 2017. Vermont Mutual Insurance Group has also supported almost 1,000 hours of community service by their staff.
“We are proud to have Vermont Mutual Insurance Group as the recipient of the 2017 Deane C Davis Outstanding Business of the Year Award,” said John Boutin, publisher of Vermont Business Magazine. “They truly are deserving of this honor and join 27 other Vermont companies to be recognized over the years as one of the best in Vermont.”
The two other impressive finalists for the Deane C Davis Outstanding Business of the Year Award were City Market and Kalow Technologies.
Vermont Business Magazine is the state's most respected business publication. Since 1972, Vermont Business Magazine has published statewide business news, economic and political news and commentary, business and individual profiles, data, analysis and statistics.
The Vermont Chamber is the largest statewide, private, not-for-profit business organization, they represent every sector of the state’s business community. Its mission is to create an economic climate conducive to business growth and the preservation of the Vermont quality of life.
Source: Burlington, VT (May 24, 2018) – VBM