President, SRS Vermont
Current Responsibility
Derick is responsible for the oversight of SRS’s clients and staff in Vermont and actively supports the development of SRS’ East Coast operations.
Experience
Derick joined SRS in 2007 and has been in captive insurance since 1989. Prior to joining SRS, Derick was the Director of Captive Insurance for the Vermont Department of Banking, Insurance, Securities & Health Care Administration. There he was responsible for the administration and regulation of captive insurance companies including risk retention groups. He has reviewed over 550 captive formations including approximately 100 RRG applications for licensure by the Department. He has also served on the Advisory Board of the Vermont Insurance Institute and on many NAIC committees and working groups and is a frequent speaker in the captive insurance industry.
Affiliations
- Member of the Vermont Captive Insurance Association
- Member and past President of the Society of Financial Examiners
- Director, National Risk Retention Association
Education and Professional Designations
- Certified Public Accountant
- Certified Financial Examiner
- University of Vermont, B.A. Economics