In this clip, Sam Komo, captive manager with the Missouri Department of Commerce and Insurance, addresses some of the most pressing emerging risks in the captive insurance landscape. From challenges in the property market and reinsurance shortages to the evolving needs of the cannabis industry and the unknowns of artificial intelligence (AI)-driven businesses, Missouri is staying proactive.

Mr. Komo explains that the department's approach is rooted in open dialogue and early engagement with these industries. Rather than waiting for risks to fully materialize, Missouri is focused on positioning itself to respond quickly—whether that means adapting regulatory interpretations or proposing timely legislative updates.

By staying ahead of the curve, Missouri aims to ensure its captives are ready for whatever challenges lie ahead—making the state a forward-thinking partner for today's rapidly changing risk environment.