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August 13, 2014

Kaj Samsom to lead Dept. of Financial Regulation Insurance Division

Susan L. Donegan, commissioner of the Department of Financial Regulation (DFR) has announced the appointment of Kaj Samsom as deputy commissioner of the Insurance Division.

Samsom joined DFR in 2006 as insurance examiner and in 2011 became director of the Insurance Division’s Licensing and Examinations section. In that role, he managed a team of CPAs and was responsible for all licensing and examinations of insurance companies, as well as financial analysis-related decisions for the Division. He has been a key adviser to DFR leadership on complex evaluations requiring Departmental approval.

Donegan said she is pleased to have Samsom lead the Insurance Division.

“Kaj is invaluable to our team; he shows initiative and seriousness of purpose while balancing many responsibilities,” she said, “I look forward to continuing to rely on Kaj’s good counsel and willingness to tackle tough issues as he joins the other deputies in helping me to oversee DFR.”

Samsom said he is happy to have this opportunity to serve the department in a new role.

“I believe that my deep understanding of the regulatory process along with my familiarity with the Insurance Division and its talented and hard-working staff, will enhance my ability to be an effective leader,” he said, “I look forward to continuing the department’s commitment to consumer protection.”

Samsom is a graduate of the University of Vermont and earned a master’s degree in public administration from UVM. He is a certified public accountant (CPA) and a certified financial examiner (CFE), and a member of Pi Alpha Alpha, the public administration honor society.

He has also served on various boards of directors including the American Institute of Certified Public Accountants Governing Council, the Vermont Society of Certified Public Accountants, and the Moretown School Board.

Samsom begins his new job immediately.

Media Contact: Dale Schaft, Information Management Officer, 802-828-4872

Source: Department of Financial Regulation
Last Updated at: August 13, 2014 08:21:47
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