John Talley has revealed his plans to retire from his position as captive programme manager at the Missouri Department of Commerce and Insurance (DCI) on 31 March. On his departure from the Missouri DCI, Talley will launch his own consulting business TAL Consulting, based in Jefferson City, Missouri. TAL Consulting will offer information to those who need help and advice on captive insurance companies. Although Talley will not be offering legal, tax or actuarial advice, he says: “If a client needs any of those, I will refer them to the appropriate professional. Talley, who has 30 years of insurance regulatory experience, was appointed as Missouri DCI’s captive programme manager in December 2015. In addition to his time at Missouri DCI, Talley also served as the chief of captive insurance operations for the New Jersey Department of Banking and Insurance. Speaking to Captive Insurance Times in 2018, Talley explained that Missouri’s no frills approach to captive insurance means it maintains a friendly and reliable regulatory environment, keeps costs low and adapts for the needs of each captive and adds that this is where the state’s success lies.
