The South Caroline Department of Insurance (SCDoI) is advertising for a new director of captives in the state.
The previous director was Joe MacDonald, who joined Captives.Insure as executive vice president and director of captive consulting in August of this year. McDonald was director of captives from February 2022 to August 2024.
According to the SCDoI’s advert: “Under the general supervision of the Deputy Director for Financial Regulation and Solvency, the Captives Director is responsible for ensuring South Carolina maintains, and enhances, its reputation as a high-quality domicile for captive insurance companies by continuously improving the Captive Insurance Division.”
According to the SCDoI’s website this is the second time that the advert has been posted.
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