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New Captive Program Manager Appointed in Missouri

Missouri Flag
December 17, 2015

The Missouri Department of Insurance has appointed John Talley as its new captive program manager, according to a Missouri Department of Insurance press release.

Mr. Talley brings with him almost 25 years of insurance regulatory experience, most recently as the chief of captive insurance operations for the New Jersey Department of Banking and Insurance.

"I am very pleased to welcome John to our Missouri team," said John M. Huff, director of the Missouri Department of Insurance, as quoted in the press release. "As Missouri's captive market continues to grow, finding someone with his captive insurance and regulatory experience was imperative.

"John's expertise will pay huge dividends as Missouri looks to widen its competitive and technical edge in the captive market," Mr. Huff continued in the press release.

Mr. Talley began his insurance regulatory career as an examiner with the Alaska Division of Insurance in 1991 before taking an examiner position with the New Hampshire Insurance Department where he worked until 2011. Since then, his work has been instrumental in the development of New Jersey's very sound captive insurance program. Mr. Talley will work closely with John Rehagen, the director of the Division of Insurance Company and Captive Regulation and Missouri's first captive program manager, to provide the sound and consistent regulatory approach necessary for continued growth of Missouri's captive insurance program.

Fifty captives are domiciled in Missouri, writing more than $5 billion in premium.

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