Governor Phil Scott has appointed Sandy Bigglestone to succeed David Provost as deputy commissioner of the Captive Insurance Division at the Department of Financial Regulation. Bigglestone, the current director of captive insurance, will begin her new role at the end of the summer, when Provost retires from the post.
“Sandy has decades of experience in licensing and regulating captives in Vermont, the top domicile in the country,” Scott said. “It made sense to look within for the best person to lead the industry, and the obvious choice was Sandy. I look forward to all she will do moving forward in support of this great industry.”
Bigglestone started as an entry-level examiner in the Captive Insurance Division in 1997, was promoted to director of examinations in 2008 and then named director of captive insurance in 2010. In 2018, she was the recipient of the Business Insurance Women to Watch Award for her leadership, expertise and accomplishments in the captive insurance industry.
Since 2016, Bigglestone has been named to the Captive Review “Power 50,” a list comprising the most influential captive professionals in the world, and consistently the top-ranking regulator. She serves as chair of the National Association of Insurance Commissioners’ Risk Retention Group Task Force, a working group that is focused on various state, federal and industry activities impacting risk retention groups.