Hawaii Captive Insurance Council

Hawaii Captive Insurance Council

Guided by the Aloha Spirit, the Hawaii Captive Insurance Council unifies and supports captive owners, regulators, legislators and captive service providers. With the support of the HCIC, Hawaii continues to be the premier captive domicile in the Pacific.

Hawaii Captive Insurance Council
999 Bishop Street
Suite 1600 Honolulu
HI 96813


The Hawaii Captive Insurance Council, a nonprofit corporation since 1991, is committed to promoting, developing, and maintaining a quality captive insurance industry in the State of Hawaii. In partnership with the State of Hawaii Insurance Division, the HCIC provides information and education on issues affecting captives, and assists the State of Hawaii in promoting Hawaii as a quality captive domicile on the local, national and international level.

The HCIC supports Hawaii as a world-class captive domicile. We provide meaningful benefits to our members. Through our efforts, Hawaii is a leading captive domicile of the highest quality, known for its reliable regulatory approach and captive-business friendly environment. Our membership is actively involved and engaged in all aspects of the captive industry – where business and government work hand-in-hand towards a common goal with unity, shared involvement and responsibility, while surrounded by the natural beauty of Hawaii.

The HCIC is also evolving as a leader in the US domestic captive market through its collaboration with other recognized and respected domiciles and industry experts. HCIC is also widely respected for its educational prowess. HCIC’s annual educational Forum in Hawaii attracts the most diverse collection of owners, service providers and industry experts from all over the world. And, HCIC’s annual educational seminars in Japan are now the most highly sought after and well-attended captive industry events offered.

Areas of specialisation​:​

  • Educational support
  • Legislative advocacy
  • Governmental affairs


  • Hawaii
  • USA
  • Japan

paul-2.jpgPaul Shimomoto, HCIC Director & President
999 Bishop Street, Suite 1600, Honolulu, Hawaii 96813

Paul Shimomoto is widely recognized as one of Hawaii’s leading legal experts in captive insurance. His clients include publicly-traded Fortune 500 and Global 500 companies from the U.S. and Japan. He also represents clients locally and abroad with general business planning matters.


Matthew Takamine, Government Liaison and Co-Chair of our Legislative Committee
1001 Bishop St #2788, Honolulu, HI 96813

Matt Takamine is the head of Beecher Carlson’s Hawaii office and Executive Managing Director and Captive Operations Leader for Beecher Carlson’s national captive practice. Matt has over 18 years of experience working with captive insurance companies. Before joining Beecher Carlson, Matt spent nine years in public accounting with KPMG LLP, most recently as a senior audit manager.



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