The South Carolina Department of Insurance (SCDOI) has a dedicated Captive Division of extremely talented professionals focused solely on captives. In the 20 years since the inception of our captive program, we have gained deep experience with captives of all kinds and sizes representing a diverse mix of industries and exposures. Their parent organizations range from small-to-midsized privately held firms, to hospital and medical practice groups, to some of the world's biggest and most successful multinationals. The risk management and risk financing programs of these companies are among the most sophisticated and successful anywhere and make full use of the versatility and flexibility their captives offer.
Our team strives to be professional, responsive, and pragmatic, but what really sets us apart is our business-minded focus on execution and results. With South Carolina as your captive domicile, you can be assured of an impeccable reputation, exceptional service, plus unmatched understanding of the business of risk.
As a South Carolina state regulatory agency, SCDOI oversees regulatory compliance and captive licensing and regulation. SCDOI has experience and expertise in the following types of 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
Find out more by visiting the South Carolina Department of Insurance—Captive Division website.