Steve Kinion
3 November 2022Reinsurance

Kinion appointed Oklahoma captive director

The Oklahoma Insurance Department has announced the appointment of Steve Kinion as its new Captive Director.

Kinion previously served 13 years as the captive director for the Delaware Insurance Department, before leaving in September this year and returning to his law practice.

“Steve is a recognized leader and effective advocate of the booming captive insurance sector,” said Oklahoma Insurance Commissioner Glen Mulready. “His extensive knowledge and experience with captive insurance and insurance law and regulation will ensure that Oklahoma stays an extremely competitive jurisdiction. We look forward to welcoming Steve back to Oklahoma.”

“Oklahoma’s strengths as a captive insurance domicile is having regulators who understand captive insurance and its statewide commitment to captive insurance in both the business community and all sectors of state government,” said Kinion. “I look forward to taking the lead role in furthering Commissioner Mulready’s goal to bring the Sooner State’s captive insurance program to a higher level of excellence.”

Kinion first joined the Oklahoma Insurance Department in 1995 as counsel to the Oklahoma State Board for Property and Casualty Rates and as an assistant general counsel. From 2001 to 2008, he served as the chairman of the board of directors for the Oklahoma Health Insurance High Risk Pool. He is a former chair of the American Bar Association Insurance Regulation Committee and is a member of the Federation of Regulatory Counsel. He served more than 30 years in the US Army Reserve, retiring in 2017 at the rank of lieutenant colonel.