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Corporate Regulation and Governance in Captives

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Delve into captive insurance governance matters including board attributes, board structure, and board accountability. With 30 years of insurance experience from the auditing, regulatory, and management side, Derick White, managing director of corporate governance and regulation for Strategic Risk Solutions, offers key insights into captive board governance.

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The Kentucky Captive Insurance Domicile

Kentucky Bluegrass 480x377
June 28, 2019

Unlike many other US captive insurance company domiciles, Kentucky has not seen its captive count increase in recent years. In fact, Kentucky's captive count and premium volume have fallen. As recently as 2014, Kentucky had 119 active captives, generating close to $120 million in premium volume. 

By the end of 2018, though, the number of Kentucky-licensed captives had fallen to just 64, with premium volume of $108 million. State officials say a good portion of the fall in licensed captives can be attributed to declines in energy, steel, and manufacturing companies doing business in the state, while some captives moved to other domiciles.

 Click on the image below to learn more about the Kentucky captive domicile.

Kentucky State Seal-SF
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