How Strategy and Collaboration Are Shaping Captive Insurance

Captive insurance is evolving from an alternative to commercial coverage into a broader strategic risk management tool. In a conversation recorded live at the 2026 Vermont Captive Insurance Association Annual Conference, Sam Komo, captive manager for the Missouri Department of Commerce and Insurance's Captive Insurance Program, explains why the strongest programs begin with a clearly defined business purpose, reliable data, realistic financial assumptions, adequate capitalization, experienced advisers, and committed leadership.

Mr. Komo also discusses the Midwest's growing captive insurance presence, the regional approach behind the Mid-Rivers Risk Forum, and opportunities involving enterprise risk management, emerging risks, group and association structures, technology, and artificial intelligence.

Hear the full conversation on Captive.com to learn how organizations can evaluate captive opportunities, strengthen governance, use collaboration effectively, and connect their captive programs to long-term risk management objectives.