159 Bank Street, 4th Floor
Burlington, VT 05401
Derick is responsible for the oversight of SRS’ clients and staff in Vermont. He also leads the firm’s Risk Retention Group practice and chairs the firm’s Professional Standards Committee.
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. He is currently an instructor for the International Center for Captive Insurance Education, teaching the “Formation and Operation of Captive Insurance Companies”.