Illinois Captive Domicile Summary

Illinois State Seal

For years, Illinois, home to hundreds of major corporations and trade associations, has, by contrast, been one of the smallest captive domiciles in the United States.

At the end of 2018, Illinois had just five captive insurance companies, generating nearly $447 million in gross written premiums.

But captive growth, thanks to the action of Illinois state lawmakers in late 2018, could return, some predict.

That action was the passage of legislation to update the Illinois captive statute to make the state more competitive with other captive domiciles.

Indeed, then governor Bruce Rauner said the captive changes would make Illinois "more attractive to companies that use this option."

Captive Domicile Statistics

Statistical information for the Illinois captive domicile is currently unavailable.

Captive Domicile Contacts

For more information, contact
Marcy Savage
Assistant Deputy Director
Corporate Regulatory Section
Illinois Department of Insurance
320 W. Washington St.
Springfield, Illinois 62767
Phone: (217) 524–0016
Email: [email protected]

Captive Events