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Utah Insurance

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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