Jonathan Habart has been promoted to captive insurance section assistant director at the Tennessee Department of Commerce and Insurance (TDCI).
Having been with TDCI since 2016, Habart most recently served as a captive insurance specialist where he was responsible for monitoring, analysing and examining the financial status and regulatory compliance of captive insurance companies, among other duties.
Habart has been employed by the State of Tennessee since 2014 when he worked as an accountant for the Tennessee Department of Finance and Administration.
Belinda Fortman, director of the captive insurance division, who joined TDCI in late June, said: "Jonathan Habart’s experience in the insurance division, his exemplary leadership skills and team approach will be invaluable to us in his new role and will contribute significantly to our goal of taking the captive division to the next level. We have an immensely talented team who will continue growing Tennessee’s success.”
Commenting on his promotion, Habart said: “I am thankful and thrilled by the opportunity to help Tennessee become the premier domicile in the US for captive insurance companies. Commissioner Hodgen Mainda and Fortman’s confidence in me is empowering. I will work tirelessly in this role to help spur Tennessee to greater growth while ensuring a best-in-class regulatory environment,” he concluded.
TDCI also recently appointed Joshua Clark as the new director of business development for the insurance division.
Clark features in the latest issue of Captive Insurance Times discussing his new role and plans to promote the state’s captive sector.