New assistant director for captives at Tennessee Department of Commerce and Insurance

The Tennessee Department of Commerce and Insurance has appointed Daniel Clements as assistant director of captive insurance. Clements joins the regulator after working as director for regulatory, audit and controls with AIG and Fortitude Life and Annuity Services, responsible for managing regulatory and audit requests for a life and annuity administrator responsible for 4.5 million contracts.

Previously Clements has worked as a financial audit lead analyst for Cigna and as a staff accountant for independent clients with Paralllon Business Performance Group. He has also worked for the Department of Commerce and Insurance before, as an insurance examiner between 2016 and 2020.