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03 July 2014
Salt Lake City
Reporter Stephen Durham

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Utah strengthens captive division

Benjamin Harris is join Utah’s Captive Insurance Division of as an audit manager.

He will join Travis Wegkamp, also an audit manager, in directing the examinations for the captive insurers in Utah.

The addition of Harris will assist in providing the necessary regulatory support for Utah domiciled captive insurance companies

Over the past five years, the division has grown from 148 captive companies to over 340, with an additional 60 cells. It is now the second largest domicile in the US and fifth largest captive domicile in the world.

Before joining the division, Harris worked with a CPA firm as an audit manager/supervisor performing captive insurance audits.

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