Insurance Commissioner Karen Weldin Stewart today announced another record year of captive insurance formations in Delaware. In 2015, Delaware licensed 74 pure captive insurers, 3 special purpose captive insurers, and 112 series captive insurers, for a total of 189 captive entities.
Insurance Commissioner Karen Weldin Stewart is pleased to announce that Steve Kinion, Director of the Delaware Insurance Department’s Bureau of Captive and Financial Insurance Products, has been named as one of the four most influential people in the captive insurance industry.
Delaware’s Bureau of Captive and Financial Insurance Products received the “Highly Commended” award in the “U.S. Captive Domicile” category from Captive Review Magazine during its service awards ceremony on August 10.