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We are very proud to announce that attorney Peter I. Dysart has been named “Forty Under 40” by Captive International.
In its third year of publishing the list, Captive International’s judging panel looks for young professionals who exemplify drive, innovation and influence across a range of roles and markets. The list of forty, chosen from among hundreds of nominations of captive professionals, highlights “an outstanding group of emerging leaders—visionary professionals who are already making their mark and shaping the future of the captive insurance industry”.
The announcement was made in the 2025 edition of “Forty Under 40 2025: Meet The Future”. Peter’s entire profile as it was listed in the publication appears below:
Peter Dysart is a shareholder in the captive insurance and alternative risk transfer group at Primmer Piper Eggleston & Cramer PC in Burlington, Vermont. He provides corporate and regulatory counsel to a wide variety of captive insurance programmes, from single-parent (pure) captives to sponsored captives and other group programmes. Prior to his current role, he practised complex, insurance coverage litigation and advised a number of captives and risk retention groups on coverage matters. This was how he began working with captives and ultimately led him to his current position, specialising in the corporate and regulatory aspects of forming and operating captive insurance companies.
How did you first become involved in captive insurance?
When I joined the captive insurance group at Primmer and began working on a number of formations of new captives. My first large project was the conversion of a reciprocal medical stop loss programme to a sponsored captive facility with several cells insuring various risks of higher education instructions. It was a great opportunity to gain exposure to a several aspects of captives, from different types of structures to the operation of a group programme. It was also an illuminating experience with respect to the significant impacts that captive insurance companies can have beyond their insureds.
What are the greatest challenges of working in this industry, and what do you find most rewarding?
Educating the next generation about the industry, the role that it plays in the larger global insurance landscape and the career opportunities it offers – from insurance accounting to corporate and regulatory law. It is also hard to impress on students and younger professionals the importance and reach of the captive industry beyond insurance. In my view, that is one of its most exciting aspects, and it’s difficult to reduce that to words.
The most rewarding part of being a captive insurance regulatory attorney is working with companies and service providers from around the world to develop alternative risk financing solutions that often have a broader effect beyond the insurance market. It is exciting and encouraging to work with professionals with diverse backgrounds and perspectives to achieve a shared goal.
The industry allows people to work with others all over the world on meaningful projects to provide solutions for global issues
Would you recommend the captive insurance industry to young people as a future career path?
Absolutely – it is a growing and innovative industry built upon strong relationships. It allows people to work with others all over the world on meaningful projects that provide solutions for global issues ranging from clean energy infrastructure development to the reduction of higher education costs.
What developments do you see ahead for captives?
In addition to the continued growth of captives because of hard markets and increasing frequency of catastrophic events, the innovation of captive programmes and expansion of business plans will also continue to rapidly evolve.
The development of new captive structures to address emerging risks and provide more efficient mechanisms to transfer risk will continue to push the envelope in the alternative risk transfer market. Captives have always taken an inventive and flexible approach in addressing risk financing, and there are no signs that would slow.
Do you think your long-term future remains in the captives market?
No doubt – when captives first gained popularity in the States, they were being formed mostly by large, Fortune 500 companies. Today, though large companies make up the bulk of formations, a number of middle market companies and groups of insureds are coming together to find creative ways to finance their own risks. As an industry founded on the idea of innovation, there’s no telling how captives might be used next, and I look forward to being a part of helping design new corporate structures to facilitate new and novel insurance programmes.
