About the Utah Captive Insurance Division
The focus of the Utah Captive Insurance Division is to implement the Utah Captive Insurance Companies Act and promote Utah as a domicile for captive insurance companies. We believe that a multitude of businesses can take greater control of their own insurance risks through a properly organized captive insurance company here in Utah. Our captive infrastructure is rapidly developing and a Utah captive is a great solution for meeting risk management needs.
Find in-depth Captive information, on our Research page.
'Captives & Risk Retention Groups (RRG's)'
'Captives in Utah - Know the Basics'
'Formation Decision Issues'
'Information Relative to the Captive Market'
- As of December 31, 2019 four hundred and thirty two (432) captive insurance companies, including cells, have selected Utah as their domicile of choice.
- Utah remains the 2nd largest captive domicile in the nation and the 4th largest in the world per the Captive Review Domicile Report official numbers as of year-end 2019.
- Industry Type - Utah Domiciled Captives as of December 31, 2019.
| Industry Type | # | Industry Type | # |
| Agricultural | 17 | Construction | 56 |
| Energy | 10 | Financial | 35 |
| Healthcare | 65 | IT/Telecomms | 5 |
| Manufacturing | 50 | Other | 29 |
| Professional Services | 66 | Real Estate | 45 |
| Retail | 32 | Transportation | 22 |
- Utah Domiciled Captives in the U.S. - as of December 31, 2019.
| Captive Region | # | Captive Region | # |
| Midwest | 112 | Northeast | 29 |
| Pacific | 131 | South | 27 |
| Southwest | 40 | West | 93 |
Captive Division - Contact Information
Utah Insurance Department
Taylorsville State Office Building
4315 South 2700 West, Suite 2300
Salt Lake City, UT 84129
Email: captive@utah.gov
| Name | Position | Phone |
| Travis Wegkamp | Director | (801) 957-9235 |
| Mark Wiedeman | Assistant Director | (801) 957-9236 |
| Kodie Vaughn | Admin. Assistant | (801) 957-9234 |
| Laura Shepherd | Senior Insurance Financial Regulator | (801) 957-9233 |
| Heber Beddes | Insurance Financial Regulator | (801) 957-9226 |
| Torann Bender | Insurance Financial Regulator | (801) 957-9227 |
| Stephanie Liu | Insurance Financial Regulator | (801) 957-9228 |
| Yubei Lu | Insurance Financial Regulator | (801) 957-9229 |
| Steven Price | Insurance Financial Regulator | (801) 957-9230 |
| Grace Reinhart | Insurance Financial Regulator | (801) 957-9231 |
| Pamela Sanchez | Insurance Financial Regulator | (801) 957-9232 |
