Kansas Captive Domicile Summary

Kansas State Seal

For years, Kansas has been the smallest captive domicile in the United States with just one licensed captive.

But that could be about to change, say officials at the Kansas Department of Insurance.

"We are expecting some growth," said Richard Ramos, director of the Kansas Insurance Department's Financial Surveillance Division in Topeka.

A key reason for that optimism: the passage of legislation in early 2018 that updated the state's 20-year-old captive statute.

"We had a very outdated law," said Clark Shultz, assistant commissioner of the Kansas Department of Insurance. "We wanted companies in Kansas that want to set up captives to have the option of doing so in this state rather than having to go somewhere else," Mr. Shultz added.

The new law makes numerous changes to the captive law. For example, the original law only allowed pure or single-parent captives. Under the legislative update, the law was revamped to also allow branch captives, special purpose captives, and association captives.

 

Captive Domicile Statistics


Total Captive Count
Kansas
Year Captives
2018 1
2017 1
2016 2
2015
2014

Captive Domicile Contacts


For more information, contact
Tara Kroenke
Captive Analyst/Admissions
Kansas Department of Insurance
420 SW 9th Street
Topeka, Kansas 66612
Phone: (785) 296–7855
Email: [email protected]

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