WebApr 10, 2024 · Delaware Taps Ex-DC Insurance Commissioner as New Captive Director Former D.C. Insurance Commissioner Stephen Taylor, now leader of Delaware’s Captive Bureau, discusses his plans to create a more streamlined, modernized process while exploring opportunities in ESG, cyber and domicile relocation. April 10, 2024 Sign Up for … WebThe captive insurer may be licensed in Delaware or another jurisdiction. Like third-party insurance, the captive insurance may provide coverage for liabilities incurred by directors, officers, employees and others whether or not the corporation would have the power to indemnify them under Section 145.

Captive Insurance Program - State of Delaware

WebMar 1, 2024 · Delaware continues to enjoy strong captive growth, with the domicile licensing 70 new captive insurance companies in 2024, the same number of formations … Webd. Names of all domiciles where licensed or approved as a captive insurancemanager: 8. State captive insurance management services provided directly by the Applicant. 9. State captive insurance management services Applicant intends to subcontract to third parties (include copies of such agreements). 10. metabox848

Active Companies - Delaware Department of Insurance

WebMar 22, 2024 · The amicus brief notes that Section 6920 of Delaware's captive insurance law provides immunity from subpoena and disclosure of confidential documents related to the licensing of captive insurance companies. It also forbids the state's insurance commissioner from disclosing those documents unless agreed to by the relevant captive … Web(a) It is determined and declared as a matter of legislative finding that captive insurance companies can serve a valuable risk management function, and that their responsible utilization and the growth of the captive insurance industry in the State of Delaware are in the best interests of this State. WebWith more than 730 captive insurance companies, Delaware is one of the largest domiciles, with captive managers saying key reasons for that growth are the accessibility, high quality, and stability of the state's captive regulators. "It is refreshing, indeed, to work with Delaware's captive regulatory team. how tall was george kennedy