Arizona Department of Insurance
The Arizona Department of Insurance welcomes you to the Grand Canyon State and the 2019 Western Region Captive Insurance Conference. We hope you enjoy your time at this year’s event. It is yet another great opportunity to Discover Arizona! Be sure to attend the Tuesday lunch this year – the Director of the Arizona Department of Insurance will share his insights and perspective with the group. Don’t forget to visit our website to learn more about the Arizona captive program at: https://insurance.az.gov/captives or stop by our exhibit booth. And in case you hadn’t noticed, our office has moved. We are now located in the State Capitol Mall area. Schedule a visit sometime!
Captive Division, Arizona Department of Insurance
100 N. 15th Avenue, Suite 102, Phoenix, AZ 85007
(602) 364-4490 • email@example.com
Captive Insurers are an important alternative to traditional insurance. They enable businesses to meet their needs in a manner more responsive to their financial objectives. Arizona is a proven and active captive domicile with a well-established group of captive service providers and managers, and over 110 licensed captives and captive RRGs. The Arizona Department of Insurance has a stable and responsive team of professionals with the necessary experience to foster a sound and competitive captive program. Arizona offers advantages that make it an attractive domicile and we are proud so many captives have selected the Grand Canyon State!
Arsenal Insurance ManagementFounded in 2006, Arsenal is nationally recognized as a leader in the captive industry due to its breadth of resources, broad range in coverage and design capabilities, and geographical footprint. In 2016 and 2020, Arsenal was named Independent Captive Manager of the Year in the US Captive Service Awards organized by Captive Review magazine, in addition to finalist nominations in 2014, 2015, 2017, 2018, and 2019. Arsenal delivers broad customer solutions in risk management for captives, mutuals, RRGs, and other insurance entities through office locations in Alabama, Georgia, Florida, Tennessee, Texas, and Vermont and a strategic partnership in Grand Cayman.
Comerica Bank provides banking services for captives including letters of credit, custody, Regulation 114 Trusts, asset and treasury management. Comerica is one of the leading banks servicing the captive insurance industry and has won many industry awards including the 2019 U.S. Captive Banking Specialist and the 2019 Captive International Letter of Credit Specialist awards. Comerica has been providing banking services to captives since 1991, is active in all major domiciles, is highly rated and NAIC-approved. For more information, please visit our website: www.comerica.com/captive.
Martin G. Ellis, Senior VP
411 W. Lafayette Boulevard, MC 3331, Detroit, MI 48226
GPW and Associates, Inc
GPW is an Arizona-based management and actuarial consulting firm providing professional services to insurance, captive and self-insured companies. GPW combines financial, actuarial, tax and regulatory compliance to provide efficient and cost-effective management of the risk and insurance process. GPW’s philosophy is to be responsive to the needs of its clients throughout the engagement with frequent and strong communication. Our senior staff has more than 100 years of experience and we are well staffed to ensure a project receives quality services at reasonable fees. GPW is currently responsible for the management of over 1,400 captive insurers.
Larson Certified Public Accountants
Cultivating Growth Since 1975: From our humble beginnings as a small insurance firm, Larson & Company has applied the principles of hard work and dedication in order to provide the highest quality services to captive insurance entities. 44 years later we are a nationally ranked CPA firm with a specialized insurance practice—making us one of the nation’s largest captive specialists. When it comes to insurance accounting professionals, you’ll want to work with a team who has many seasons of experience and a fresh approach to compliance. We can help your organization weed out inefficiencies and cultivate growth through a clear understanding of your financial position. Contact us today to discover how our captive experts can serve you.
Martha Hayes, Audit Partner
801-984-1848 • firstname.lastname@example.org
Scott Rogers, Audit Partner
801-984-1824 • email@example.com
With more than 25 years in managing investments solely for insurance entities, Madison Scottsdale’s team of seasoned Portfolio Managers brings a combined 115 years of hands-on experience, knowledge and insight in teaming with our domestic and offshore captive clients. Our Enterprise Risk Balanced solutions in Fixed Income, Equity, and Alternative investments are developed in collaboration with your captive manager, and considerate of your captive’s unique financial and operational drivers. Our value-add solutions include ALM, Asset Allocation determination, Cash Flow modeling, Investment Policy Statement development and review, Rating agency support, and more.
Milliman is among the largest actuarial and management consulting firms in the United States. Milliman provides independent consulting services for property and casualty, life, health, pension, and related employee benefits. Milliman also provides a broad spectrum of services for captive insurers. We provide consulting services in the areas of loss and expense liabilities, risk retention alternatives, pricing and funding, and financial modeling.
201 Edgewater Drive, Suite 289, Wakefield, MA 01880
Missouri Department of Insurance
The State of Missouri is part of the U.S. insurance regulatory framework which is a highly coordinated state-based national system designed to protect policyholders and to serve the greater public interest through the effective regulation of the U.S. insurance marketplace. Through the National Association of Insurance Commissioners (NAIC), U.S. insurance regulators, establish national standards and best practices, conduct peer reviews and coordinate their regulatory oversight to better protect the interests of consumers while ensuring a strong, viable insurance marketplace. U.S. insurance regulators also participate in the International Association of Insurance Supervisors (IAIS) along with the NAIC by participating in all its major standard setting initiatives, including working with fellow regulators from around the world to better supervise cross-border insurers, identifying systemic risk in the insurance sector, and creating international best practices.
301 W. High St., Room 530, Jefferson City, MO 65101(573) 751-4126 • www.insurance.mo.gov/captive
Missouri’s business friendly climate and prime location as the most centrally located captive domicile in the U.S. have driven our rapid rise to a $4.1 billion-dollar industry. Our dedicated team ensures the licensing and ongoing regulatory process is efficient and effective. We approach each captive individually to allow for innovation and success. As an added benefit, all fees are deductible from premium tax – another reason captives of all types and sizes call Missouri home. To learn more about starting your Missouri captive insurance company, contact us:
Nevada Division of Insurance
The Insurance Division is charged with protecting the rights of the consumer and the public’s interest in dealing with the insurance industry and is responsible for regulating the insurance industry. It sets ethical and financial standards for insurance companies and review rates. The division responds to and assists consumers. It reviews insurance policies to ensure compliance with Nevada insurance laws and regulations. The division licenses insurance companies, insurance agents and producers. It makes sure insurance companies are solvent and have the ability to pay claims. It also makes sure companies follow through on the promises made to consumers through insurance policies. The division also reviews programs operated by self-insured employers for worker’s compensation.
Carson City office:
1818 E. College Pkwy., Suite 103, Carson City, NV 89706
Las Vegas office:
3300 W. Sahara Ave., Suite 275, Las Vegas, NV 89102
Subrogation Division, Inc.
Built on the strength and experience of our parent company Purco Fleet Services Inc., the nations largest independent adjusting company serving exclusively the car rental industry, Subrogation Division Inc. is a Licensed & Bonded company leading the revolution of subrogation. We pride ourselves not on how much we collect but on how little we leave on the table. With our team of over 20 licensed adjusters we understand and handle everything from arbitration to collections and drivers license revocation. While we do have procedures and policies to safeguard our organization, and yours, our main objective is your satisfaction.
136 South Main Street, Spanish Fork, UT 84660
The purposes of the Utah Captive Insurance Association are to: • Speak as a strong and common voice for industry issues, • Serve as an educated and experienced resource center for members and interested parties, and • Develop the captive insurance industry in the State of Utah through education and outreach. We are affiliated with the Western Region Captive Insurance Conference and the Captive Association Leadership Council, which further strengthen our resources and our ability to collaborate both regionally and nationally. As the captive insurance industry has expanded rapidly in Utah, we are pleased to represent and serve the needs of our members.
Monique Avery, Executive Director
Utah Insurance Department
The state of Utah is part of the U.S. insurance regulatory framework which is a highly coordinated state-based national system designed to protect policyholders and to serve the greater public interest through the effective regulation of the U.S. insurance marketplace. Through the National Association of Insurance Commissioners (NAIC), U.S. insurance regulators.
Establish national standards and best practices, conduct peer reviews and coordinate their regulatory oversight to better protect the interests of consumers while ensuring a strong, viable insurance marketplace. U.S. insurance regulators also participate in the International Association of Insurance Supervisors (IAIS) along with the NAIC by participating in major standard setting initiatives, including working with fellow regulators from around the world to better supervise cross-border insurers, identifying systemic risk in the insurance sector, and creating international best practices.
350 N. State St., State Office Building Rm. 3110, Salt Lake City, UT 84114