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, 2022 four hundred and five (405) captive insurance companies, including cells, have selected Utah as their domicile of choice.
- 2023 Celebrating 20 years as a Captive Industry Leader
Utah Domiciled Captives by Industry Type & Region as of December 31, 2022.
| Industry Type | # | Industry Type | # |
| Agricultural | 15 | Construction | 49 |
| Energy | 10 | Financial | 34 |
| Healthcare | 48 | IT/Telecomms | 5 |
| Manufacturing | 36 | Other | 36 |
| Professional Services | 95 | Real Estate | 37 |
| Retail | 23 | Transportation | 17 |
| Captive Region | # | Captive Region | # |
| Midwest | 97 | Northeast | 42 |
| Pacific | 118 | South | 24 |
| Southwest | 39 | West | 85 |
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 of Captive Insurance | (801) 957-9235 |
| Stephanie Liu | Assistant Director of Captive Insurance | (801) 957-9228 |
| Kodie Vaughn | Administrative Assistant – Captive Division | (801) 957-9234 |
| Laura Shepherd | Senior Captive Insurance Financial Regulator | (801) 957-9233 |
| Heber Beddes | Captive Insurance Financial Regulator | (801) 957-9226 |
| Yubei Lu | Captive Insurance Financial Regulator | (801) 957-9229 |
| Steven Price | Captive Insurance Financial Regulator | (801) 957-9230 |
| Grace Reinhart | Captive Insurance Financial Regulator | (801) 957-9231 |
| Liliana Contreras | Captive Insurance Financial Regulator | (801) 957-9236 |
| Stacie Erying | Captive Insurance Financial Regulator | (801) 957-9227 |
| George Hofmann III | Captive Insurance Financial Regulator | (801) 957-9232 |
