Oklahoma Insurance Commissioner Glen Mulready
OKLAHOMA CITY – Insurance Commissioner Glen Mulready announced the Oklahoma Insurance Department (OID)’s nomination to the International Insurance Domicile of the Year shortlist. Oklahoma is one of six domiciles nominated for this award, which will be given as part of the 2025 European Captive Review Awards in Luxembourg on Nov. 4.
“We’re excited to be nominated for this honor again this year,” said Mulready. “Oklahoma is committed to excellence as a global captive domicile, and this recognition shows how strong our presence is internationally. I once again commend the excellent work by our captive insurance team.”
The European Captive Review Awards recognize the top providers and professionals of captive insurance products and services in the captive insurance market. It rewards innovators, creative minds and customer service pros who have outperformed their competitors and demonstrated the highest levels of excellence over the previous 12 months.
“Oklahoma’s captive insurance team greatly appreciates Commissioner Mulready’s support and confidence,” said OID Captive Insurance Director Steve Kinion. “It allows the team to be innovative when addressing the risk management opportunities inherent in captive insurance. This nomination is evidence of the Commissioner’s backing.”
OID was named the 2024 Captive Domicile of the Year in the category of less than $5 billion in gross written premium by Captive Review magazine. Oklahoma has experienced significant captive growth, with an 8.4% annual growth rate at year-end 2024 and over $415 million in written premium in 2024.
For more information about OID’s Captive Insurance Division, contact Steve Kinion at 918-704-8136 or Steve.Kinion.CTR@oid.ok.gov.
ABOUT OID
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.
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