GCP Short: GreenieRE and providing capacity for renewables
Description
This GCP Short, produced in partnership with the State of Vermont, shares a recent case study of a sponsored captive formed to provide additional capacity for renewable energy projects in the United States.
Richard is joined by Amy Antczak, Chief Operating Officer andCo-Founder of GreenieRE, who tells us about the GreenieRE Coalition, the insurance challenge it faced and how it is using public and private funds, through the utilisation of a Vermont cell company, to support MGAs and renewable infrastructure projects and startups.
We also hear from Christine Brown, Director of Captive Insurance at the Vermont Department of Financial Regulation, who explains why the State saw the project as a good fit for a sponsored captive structure and the process involved in getting it licensed.
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