Joshua Clark has joined the Tennessee Department of Commerce and Insurance (TDCI) as the new director of business development for the insurance division.
He started his new role at the department in late July. In his new role, Clark will focus on expanding the use of captives as a risk management solution for businesses.
As part of his new role, Clark will establish objectives with the Tennessee Captive Insurance Association (TCIA) to help them promote captive insurance within the state.
Most recently Clark worked as a consultant for EXL Loss Control. Clark has a background of building, leading, and enabling high performing teams while crafting and implementing successful strategies that he intends to use to drive productivity and strengthen relationships on behalf of Tennessee.
Commenting on his new role, Clark said: “I am honoured to join the incredible team at TDCI as the new director of business development for the insurance division, and I am excited to contribute to Tennessee’s continued success and growth in the industry”.
“Additionally, I look forward to the opportunity to be a part of maintaining Tennessee’s status as a top tier domicile for captives,” he added.
Commissioner Hodgen Mainda said: “I am thrilled to welcome Joshua [Clark] to TDCI as he spearheads our effort to bring more successful companies to Tennessee by taking on the role as director of business development.”
“In his role, Clark will build off his current contacts to help bring more insurance companies to Tennessee as he promotes the Volunteer State as a gold standard domicile,” he continued.
“His role will focus on cultivating new opportunities separate from insurance regulation by leveraging his experience, contacts in the industry, and diverse regulatory knowledge,” Mainda added.
“We’re really excited to have a fresh perspective that brings new energy to our efforts in helping businesses find captive solutions right here in the Volunteer State,” said assistant commissioner Rachel Jrade-Rice.
Jrade-Rice continued: “Clark is a great addition to our team and is dedicated to our mission and values of serving consumers and responsible regulation.”
In late June, Belinda Fortman joined TDCI as a captive insurance section director, replacing Jennifer Stalvey.
