Oregon

Oregon

The Division of Financial Regulation, headquartered in the state capital of Salem, implements the state’s captive insurance law and promotes Oregon as a domicile for captive insurance companies. We believe that a properly organized captive insurance company allows businesses to take greater control of their own insurance risks. Oregon’s law allowing captive insurers passed in 2012, and the division began accepting captive insurer applications in fall 2012.

[Last updated: 17/05/18]
Regulatory contact:
Dennis Ault
Division of Financial Regulation
P.O. Box 14480
Salem, OR 97309-0405
Street address
Division of Financial Regulation
350 Winter St. NE
Salem, OR 97301
Telephone Number
503-947-7982
Email Address Dennis.M.Ault@oregon.gov
Website http://dfr.oregon.gov/captive/Pages/index.aspx



 
Name of Captive Legislation
Oregon Revised Statute 735.150 through 735.190
 
Year Legislation Passed
2012
 
Recent Amendments
None
 
Do you allow Cell Captives?
No
 
Total Number of Licenced Captives
13
 
Number of Risk Retention Groups or Group Captives
0
  
Number of Single Parent Captives
13
  
Number of Cell Captives
0
 
Number of licences granted in the past year (2017 calendar year)
10
 
Approximate (or Average) length of time to process a new captive
7 days
 
Captive tax rates
Oregon does not impose a premium tax on captive insurers.  Captive insurers are subject to corporate excise tax.
 
Minimum capitalisation rate
Pure captive $250,000
Association captive $750,000
Captive reinsurer $300,000,000
 
Licencing fees (specify if different for types of captive)
$5,000 includes the certificate of authority fee for the first year
 
Captive Insurance Managers registered to conduct business in the domicile
Active Captive Management
16485 Laguna Canyon Road, Suite 200
Irvine, CA 92618
Phone: 800-921-0155
Fax: 949-727-4770
Web: www.activecaptive.com
 
Pacific Captive Managers, LLC
5300 Meadows Road, Suite 300
Lake Oswego, OR 97035
Phone: 503-968-6300
Fax: 503-968-6305
Web: www.pacificcaptive.com
 
Pacific Risk Solutions
2897 Kalawao St.
Honolulu, Hawaii 96822
Phone: 808-988-3215
Fax: 808-988-3217
Web: www.pacificrisksolutions.com
 
Professional Captive Management, LLC
11040 SW Barbur Blvd.
Portland, OR 97219
Phone: 503-245-7201
Fax: 503-245-7057
 
Synergy Captive Strategies
8905 W Post Road, Suite 210
Las Vegas, NV 89148
Phone: 702-473-5720
Fax: 702-778-1357
Web: www.synergycaptives.com

Ryan LLC
16220 N. Scottsdale Road, Suite 650
Scottsdale, AZ 85254
Phone: 602-955-1792
Fax: 602-955-4892
Web: www.ryan.com

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