Stephen Taylor to Lead Delaware Captive Bureau

The Delaware Department of Insurance today announced that industry veteran Stephen Taylor has joined the department as the incoming Director of its world-renowned Captive Bureau. Taylor will succeed Steve Kinion, who transitions out of the role on September 30.

Taylor served as insurance commissioner of the District of Columbia from 2015 to 2020. In that role, he instituted a number of innovative insurance regulation reforms and prioritized initiatives that aimed to empower residents and increase economic inclusion. He has held numerous prominent leadership roles in the National Association of Insurance Commissioners. He most recently served as director of policy and assistant general counsel to the Surety and Fidelity Association of America, and has nearly 30 years of insurance regulation, legislative, and legal experience

Delaware insurance commissioner Trinidad Navarro said “Stephen Taylor’s extensive experience as an innovative yet meticulous insurance regulator stood out amongst contract applicants for our captive director position, and we are happy to welcome him to the department. This role is certainly not without its challenges, but Taylor’s adeptness at engaging in both federal and nonfederal policy matters will serve our state well in the years to come.”

Taylor added “I look forward to working with the commissioner and the talented captive team to continue providing a best-in-class captive program for the risk management community and bringing important economic opportunities to the State of Delaware."

Delaware is the world’s fifth largest and the third largest U.S. captive domicile. It is one of four domiciles in the world recognized by the International Center for Captive Insurance Education as ICCIE trained.