The Missouri Department of Insurance (DoI) has appointed John Rehagen as its director of company and captive regulation.
He will oversee insurance company solvency regulation as well as the captive insurance programme. Since he set up the programme in 2007, 51 captives have been licensed.
Rehagen previously served as acting director and deputy director of the division of company regulation. His promotion follows the departure of Maria Sheffield, who was captive programme manager, earlier this month.
The Missouri DoI has also promoted Angela Nelson, Carrie Couch, Grady Martin and Leslie Nehring to new roles.
Nelson, currently director of the market regulation division, has been tasked with the additional responsibility of chief industry liaison. She will develop and maintain strategic relationships with the insurance industry to further the department’s mission and initiatives.
Couch has been named director of the division of consumer affairs. She began her career with the department 15 years ago in the legal section.
Martin will take on additional responsibilities as director of administration and technology, leading the department’s technology efforts, in conjunction with the National Association of Insurance Commissioners, to continue the modernisation of insurance regulation in Missouri.
The final appointment, Nehring, has been named chief financial examiner. She first joined the department in 2003 as a financial examiner, a position she held for five years before entering the private sector.