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The Missouri Captive Insurance Domicile

Missouri Flag-SF
October 03, 2019

As a captive insurance company domicile, steady growth is an apt description for the state of Missouri.

The number of captives licensed in Missouri has increased by nearly 50 percent since 2014, with 71 captives at the end of 2018.

Captive premium volume has been more volatile. It fell sharply between 2014 and 2016. Since then, though, annual premium volume has jumped. Last year's $4.1 billion in captive premium volume is up just over 20 percent from 2016.

And Missouri captive regulators expect more growth in the months ahead. 

"We are on an uptick. I've talked to a lot of people, and 2019 should be a very good year," said John Talley, captive program manager for the Missouri Department of Insurance in Jefferson City, Missouri.

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

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