The Oklahoma Insurance coverage Division (OID) introduced it would maintain the inaugural OK Captive Day on Tuesday, August 20, 2024.
This occasion goals to coach key industries in Oklahoma concerning the Oklahoma Captive domicile and the advantages of a captive insurance coverage firm, OID mentioned.
A captive insurance coverage firm is a kind of self-insurance that gives protection for the dangers of a dad or mum firm or associated entities. Lately, the variety of captive insurance coverage corporations in Oklahoma has elevated to an all-time excessive and continued future development is projected for the state.
OK Captive Day presents a chance for potential and present captive homeowners, danger managers, trade consultants and regulators to attach, study, and collaborate.
“The event of our captive insurance coverage program has been one among my high priorities since taking workplace,” Oklahoma Insurance coverage Commissioner Glen Mulready mentioned. “Throughout a hard-market, captives is usually a key answer for a lot of Oklahoma companies, and we need to proceed our momentum after including greater than $100 million in captive insurance coverage premium over the previous 12 months.”
The occasion will likely be held on the Embassy Suites Oklahoma Metropolis Downtown Medical Heart. Registration is restricted to the primary 250 individuals.
Supply: Oklahoma Insurance coverage Division
Subjects
Oklahoma
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