Missouri DCI’s Talley to start new captives advisory business called TAL Consulting
John Talley, the captive programme manager at the Missouri Department of Commerce and Insurance (DCI), is retiring from his position at the state regulator, and will open a new business called TAL Consulting.
Talley’s last day in his current position is March 31, 2021. He will begin work at his new consultancy, which will be based in his home in Missouri, immediately. He expects to do business with clients from all over the US.
Talley has spent 25 years as a regulator, with 10 of those years regulating captive insurance companies specifically. He has been with the Missouri DCI since December 2015, serving as captive programme manager for all of that time, before which he was chief at the office of captive insurance at the New Jersey Department of Insurance, a role he also held for nearly five years.
TAL Consulting will offer a full range of advisory services to captive managers and businesses thinking of forming captives or considering changes to existing ones. Although Talley is a qualified attorney TAL will not offer legal advice, he said. Instead, he will focus on offering his perspective as an experienced regulator on what other regulatory bodies may be looking for in captive applications, and what concerns they may have about new business proposals.