Pioneering captive insurance attorney.
Attorney Kathy Davis has been at the forefront of the captive insurance industry in Vermont and the U.S. for more than 30 years, having begun her practice in 1982 shortly after the Vermont Legislature provided the framework for captive formation. As leader in the industry, she has advised hundreds of captive insurance companies on formation and operational issues. Vermont is the largest U.S. captive domicile and second in the world in terms of assets held by captives.
A leader in the captive insurance industry and a leader in the firm.
Kathy heads Downs Rachlin Martin’s captive insurance practice, which represents traditional insurers as well as more than 100 organized and operating single-parent and group captive insurance companies. Kathy's insurance practice involves all matters raised by the organization, licensing, and initial capitalization of captives and other alternative risk transfer mechanisms, as well as governance issues that arise after commencement of operations. Many of Kathy’s clients are tax-exempt organizations.
Kathy also provides counsel in relation to ongoing regulatory compliance under the federal Liability Risk Retention Act of 1986, the various states' insurance laws, and the wide variety of tax and contract issues that arise in connection with the provision and purchase of insurance and reinsurance. In this capacity, Kathy serves as general counsel to a large number of group captive insurers and maintains a general administrative and corporate practice.