Iowa Department of Insurance and Financial Services

Iowa Department of Insurance and Financial Services

The goals of the Iowa captive insurance domicile are to regulate captive insurance companies in an appropriate and professional manner, ensure solvency, and provide a stable environment, allowing for captives to thrive. Our dedicated captive regulators are focused on solvency, adherence to our captive statute, collaboration, and customer service. Our captive statute is modern and well written, allowing for flexibility and innovation. Our captive taxes and fees are competitive. Iowa has a robust insurance industry and leads the United States in insurance industry output as a percentage of gross domestic product. We understand the unique needs of captive insurers, and we will work collaboratively with captive owners, captive participants, and service providers to ensure a smooth and efficient regulatory process.

The Iowa captive domicile offers the following alternative risk transfer programs.

  • Single-Parent Captives
  • Group Captives
  • Risk Retention Groups
  • Segregated Cell--Sponsored Captives
  • Branch Captives
  • Producer-Owned Captives
  • Not-for-Profit Captives
  • Special Purpose Captives

The domicile is open to working with captive owners, captive participants, and service providers from anywhere in the United States.

Company Contacts

Captive Insurance Director
(515) 654–6651
Captive Legal Counsel
(515) 654–6638
Insurance Examiner III
(515) 654–6497

Mailing Address:
1963 Bell Ave.
Ste. 100
Des Moines, Iowa 50315
(515) 654–6600

Captive Domicile Statistics

Iowa was recently established as a captive domicile. Captive formation activity is expected to begin soon, and statistics will be published as they become available.