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Utah approves Caitlin Morgan as captive manager
16 February 2017 | Salt Lake City | Reporter: Becky Butcher
Caitlin Morgan Captive Services has been approved by Utah to serve as a captive manager in the state.

Caitlin Morgan provides captive management solutions, offering insurance, risk management, and underwriting expertise to captives; developing and evaluating business plans and preparing financial statements; managing captive service providers and vendors; producing financial reports for the captive’s board of directors and maintaining regulatory reporting.

As of January, Utah had a total of 462 active captive companies and 74 active cells.

The Utah Captive Insurance Division licensed 68 new captive insurance companies in 2016, as well as 13 cell captives.

In addition to the captive growth, the Utah captive division implemented new processes for insurers, including an upgrade to its online forms and applications.

According to the Utah captive division, 2017 will be another “great year” for the domicile.



Drinker Biddle hires insurance pro in California
Dan Brown is based in the firm’s San Francisco office. He was previously a partner at Dentons wher Read more

Christina Kindstedt joins Advantage Insurance
Advantage Insurance has appointed Christina Kindstedt as senior vice president Read more

Delaware to allow captives to go dormant
Arkansas and Montana introduced legislation proposing a dormant status for captives last month Read more

EXCLUSIVE: Guernsey considers Solvency II equivalence
Guernsey is “actively considering” whether it is appropriate to pursue equivalence with the EU Read more

R&Q acquires another captive in runoff
ICDC had a total net asset value of $7.95 million at the end of 2016. It redomiciled in Vermont in 2 Read more

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