The North Carolina Department of Insurance (NCDOI) has named Lori Gorman as new deputy commissioner of the captive insurance company division, effective 1 April.
Gorman has served at NCDOI for 15 years, currently as assistant chief financial analyst within the department’s financial analysis section of the company service group.
In this role, Gorman is responsible for monitoring the financial solvency of domestic and foreign insurers licensed in North Carolina, and served as a representative for the department on a working group with the National Association of Insurance Commissioners.
Before joining NCDOI, Gorman worked in public accounting and in the insurance industry.
Commenting on the appointment, commissioner Mike Causey says: “Lori has an in-depth knowledge and understanding of the financial oversight that will complement the captive insurance company division. Her calm and personable demeanour will be an asset to the department and the industry.”
Gorman succeeds Debbie Walker, who announced her retirement on 31 March last month. As part of the personnel transition, senior deputy commissioner of the company services group Jackie Obusek will assume senior leadership responsibilities in the captive insurance company division alongside her other current responsibilities.