South Carolina began licensing captives in 2000 and has steadily grown into one of the premier captive domiciles in the US. The South Carolina Department of Insurance 13 staff in the Captive/Alternative Risk Transfer Services Department dedicated to the oversight of the captive insurance industry.
South Carolina has the industry expertise and the business friendly climate needed to run a successful captive operation in today's challenging world.
The District of Columbia licensed its first captive insurer in 2001 and since then, the District has earned a reputation of being among the leading US jurisdictions for captive insurance. The District has a staff of knowledgeable and experienced captive insurance professionals dedicated to the reasonable and efficient regulation of captives. The District's captive insurance laws and regulations are innovative and flexible, designed to easily accommodate the varied legal structures and operational requirements of the captive community.
The District's Department of Insurance works with all of the major management, legal, accounting, auditing and actuarial firms in the captive industry. Washington DC is among the most accessible captive domiciles in the US. It is served by three major airports and Amtrak, making travel to and from DC in the same day very realistic for most captive owners and their service providers.
|District of Columbia:||http://disb.dc.gov/page/captive-insurers|
Delaware law regarding the formation of captives and positioning Delaware to become a home to the growing number of captive insurance companies being created by companies worldwide.
Delaware's sophisticated corporate laws, judiciary and financial infrastructure make it the preeminent jurisdiction for business. These benefits are extended to captive insurance companies through the Delaware Captive Insurance Program.