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How to Form a Captive
How to Form a Captive

If you are interested in forming a Captive, contact the department to discuss the opportunity with the Chief of Captive Insurance, Tracy Snow at 614-728-1263. Be sure to follow these steps:

  • Select a captive manager to assist you with the preparation of the documents to offer guidance for provider selection.
  • Incorporate the company with the Ohio Secretary of State’s Office and provide these documents in electronic form or hard copy to the department.
  • Arrange a meeting with the department to discuss the plan of operation for your captive.
  • Submit a completed application in electronic form or hard copy to the department's Office of Captive Insurance. Send checks for the prescribed fees via USPS or courier to the address below.
  • A license will be provided by the department along with a welcome letter. Expect the process to take 30 days depending on complexity, following the receipt of a completed application.
  • You may begin writing business following receipt of approval from the department.