Atlas Insurance Management Secures Captive License in South Carolina

Atlas Insurance Management (Atlas), a Charlotte, N.C.-based captive insurance management firm, has received approval from the South Carolina Department of Insurance to act as an insurance manager for captive business in the state. Atlas is the first North Carolina-based captive manager to be approved by South Carolina.

Since captive-enabling legislation was passed in 2000, South Carolina has focused on developing the infrastructure, resources and staffing to provide captive owners with a robust and thriving captive marketplace. The state is considered to be one of the top five mature domiciles in the Western Hemisphere. There are currently 165 active companies domiciled in South Carolina.

Founded in 2002, Atlas Insurance Management is an independent insurance management firm, providing captive insurance consulting, formation and management services in the major U.S. and offshore domiciles. The firm has worked with all types of captive insurance companies and managed a full spectrum of captive programs for a diverse clientele. Atlas operates offices in Charlotte, North Carolina and the Cayman Islands.

Topics South Carolina