About the Utah Captive Insurance Division
The focus of the Utah Captive Insurance Division is to implement the Utah Captive Insurance Companies Act and promote Utah as a domicile for captive insurance companies. We believe that a multitude of businesses can take greater control of their own insurance risks through a properly organized captive insurance company here in Utah. Our captive infrastructure is rapidly developing and a Utah captive is a great solution for meeting risk management needs.
Utah is able to process applications for a Certificate of Authority within thirty (30) days. The average time the division takes to issue a Certificate of Authority is less than sixty (60) days. We expect to continually add additional resources as the Utah market expands and grows.