Tennessee Department of Commerce & Insurance
.jpg)
Tennessee Department of Commerce & Insurance
500 James Robertson Parkway
Davey Crocket Tower, 10th Floor
Nashville, TN 37243
615-741-3805
855-809-0069 Toll Free
captive.insurance@tn.gov
Mark Wiedeman, Director – Mark.Wiedeman@tn.gov
Jackson Wickham, Assistant Director – Jackson.B.Wickham@tn.gov
John Dunne, Assistant Director – John.Dunne@tn.gov
Profile:
One of the first states to establish captive insurance legislation, Tennessee is a first choice for new captive insurance company formations—or those looking to redomesticate. Today, nearly 900 risk bearing entities call Tennessee home. Tennessee's growth as a captive domicile has been fueled by our team, sweeping improvements made by regulators and state legislators to the statute, and ongoing improvements in the captive law continue which support the momentum.
They chose Tennessee because of our unique advantages including:
- An award-winning regulatory team with credentialed, service-oriented professionals
- Virtually all captive licensing types are allowed in Tennessee under our modernized captives' statutes.
- A pro-business environment with a central location in the US as a transportation hub
- Crucial infrastructure necessary to establish or operate your captive including captive managers, attorneys, accountants, and actuaries.
- An ongoing focus on ensuring our captive statutes are up-to-date, competitive and provide a strong basis for balanced and consistent regulation
Areas of specialisation:
Alternative Risk Transfer (ART) programs include the following.
- Single-Parent Captives
- Group Captives
- Segregated Cell—Sponsored Captives
- Branch Captives
- Producer-Owned Captives
- Not-for-Profit Captives
- Special Purpose Captives
- Insurance-Linked Securities
