How Delaware Defines Discipline in Captive Insurance Strategy

Recorded live at the 2026 Captive Insurance Companies Association International Conference, this episode of The Edge of Risk Podcast by IRMI features Stephen Taylor of the Delaware Department of Insurance, who shares insights into the state's strategic and disciplined approach to captive insurance oversight. Mr. Taylor explains how Delaware blends flexibility and innovation with strong regulatory fundamentals, emphasizing governance, solvency, and alignment with enterprise risk strategy.

He outlines how regulators distinguish between thoughtful and reactive program changes, highlighting the importance of clear business rationale, actuarial support, and phased growth. The discussion also provides practical guidance on effective communication with regulators, including early engagement, consistent documentation, and maintaining alignment between strategy and execution.

Hear the full conversation on Captive.com for practical insights into governance, regulatory expectations, and building disciplined captive insurance strategies.