Texas taps Norton to steer captive growth

The Texas Department of Insurance (TDI) has hired Andrew Norton as captive insurance specialist to support the regulatory oversight of the state’s growing captive insurance market.

The TDI said that Norton will play a central role in managing a sector that grew 8.6% to 101 state-domiciled captives in the six months leading up to April 2026.

“Texas is seeing continued growth – and we only have one type of captive,” Norton said.

Norton’s work will make sure that as the number of self-insurance entities grows, they remain subject to consistent and thorough evaluation, the TDI said.

Norton brings more than 15 years of insurance experience to TDI, with a background in operations, Insurtech, and large-scale business improvements. This experience helps him understand how insurance structures work in real-world conditions.

“Coming from an operational background, you see the other side of risk — how it performs in real-world conditions, both expected and unexpected,” he said.

His technical experience is backed by several professional designations, including Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe), and Senior Claims Law Associate (SCLA) Gold.

At TDI, Norton’s main focus will be maintaining a regulatory framework that’s transparent and predictable. “The more efficiently we process an application, the better it is for everyone,” he said.

As Texas continues to see strong growth in captive formations, Norton will help strengthen collaboration across the captive insurance ecosystem, improve regulatory processes, and support the next phase of captive market development, the TDI said.

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