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, 2017 four hundred and eighty six (486) captive insurance companies, including cells, have selected Utah as their domicile of choice.
- Currently, Utah is the second largest onshore domicile for number of licensed captives.
- Industry Type - Utah Domiciled Captives as of December 31, 2017.
| Industry Type | # | Industry Type | # |
| Agricultural | 19 | Construction | 63 |
| Energy | 12 | Financial | 37 |
| Healthcare | 80 | IT/Telecomms | 8 |
| Manufacturing | 63 | Other | 25 |
| Professional Services | 67 | Real Estate | 45 |
| Retail | 36 | Transportation | 31 |
- Utah Domiciled Captives in the U.S. - as of December 31, 2016.
| Captive Region | # | Captive Region | # |
| Midwest | 146 | Northeast | 37 |
| Pacific | 142 | South | 35 |
| Southwest | 40 | West | 86 |
Captive Division
Utah Captive Insurance
State Office Building, Suite 3110
Salt Lake City, UT 84114
Email: captive@utah.gov
| Name | Position | Phone |
| Travis Wegkamp | Director | (801) 537-9294 |
| Mark Wiedeman | Assistant Director | (801) 538-3849 |
| Kodie Vaughn | Admin Assistant | (801) 538-3840 |
| Laura Shepherd | Senior Captive Insurance Specialist | (801) 538-9546 |
| Heber Beddes | Captive Insurance Specialist | (801) 538-3845 |
| Torann Bender | Captive Insurance Specialist | (801) 538-3839 |
| Stephanie Liu | Captive Insurance Specialist | (801) 537-9160 |
| Yubei Lu | Captive Insurance Specialist | (801) 538-3851 |
| Steven Price | Captive Insurance Specialist | (801) 537-9110 |
| Grace Reinhart | Captive Insurance Specialist | (801) 538-3542 |
| Pamela Sanchez | Captive Insurance Specialist | (801) 538-3808 |
