Belinda Fortman, the director of captive insurance for the Tennessee Department of Commerce & Insurance (TDCI), has left her role.
A spokesperson for the TDCI tells Captive Insurance Times: “We thank Belinda for her service to the department and Tennessee’s captive industry. Tennessee is a leader in the captive insurance space and we will work quickly to identify and name the next section director for captives.
They add: “We continue to operate efficiently thanks to a talented, professional and responsive captive division team that remains dedicated to our excellent customer service to Tennessee’s captive industry.”
Tennessee is one of the nation's largest and fastest-growing captive domiciles.
At the end of 2020, Tennessee had 146 active captives, up from just 68 in 2014.
Last year, captive premium volume topped $1.6 billion, up from just under $670 million in 2015.
