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The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance

A FREE 12-page special report from Captive.com

The COVID-19 Pandemic: Opportunities and Implications for Captive Insurance explores the challenges presented by today's business and economic upheaval, as well as the hardening insurance market, and what it means for the captive insurance industry.

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The Oklahoma Captive Insurance Domicile

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October 31, 2019

Like many other captive insurance company domiciles, Oklahoma has enjoyed steady growth.

Between 2014 and 2018, the number of captive insurers licensed in Oklahoma, whose captive statute was passed in 2006, rose 25 percent, increasing from 45 in 2014 to 60 in 2018.

Captive premium volume has risen even more significantly. In 2018, the state's 60 captives generated $158.2 million in gross written premiums, up from just $96.1 million in 2014, a nearly two-thirds increase in just 5 years.

Captive managers say the growth, at least in part, has been driven by the high quality and accessibility of Oklahoma captive regulators.

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

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