domicile

Arizona Captive Insurance: Regulations, Requirements & Providers

Fast-growing US captive domicile with no premium tax.

1 active provider

How are these providers ranked?

At a glance

Jurisdiction
Arizona
Domicile type
US onshore captive domicile
Active providers on Bastivo
1

Key characteristics

  • Regulated under Arizona Revised Statutes §20-1098 et seq. by the Department of Insurance and Financial Institutions' Captive Insurance Division
  • Licenses pure, association/industry group, risk retention group, agency and protected cell captives, plus pure reinsurers
  • 201 licensed captives at year-end 2024, up from 121 in 2017, generating $11.96 billion in premium in 2023
  • Minimum capital and surplus ranges from $250,000 for a pure captive to $500,000 for association, risk retention group and agency captives; protected cell captives were reduced to $250,000 in 2025
  • No premium tax on captive insurers; the program is funded through flat licensing and renewal fees instead

Primary sources

Considering Arizona

Why companies consider Arizona

  • No insurance premium tax, unlike most captive domiciles that tax gross written premium
  • A 2025 law introduced a dormant-captive status, letting a paused captive maintain a reduced $125,000 minimum rather than fully dissolve
  • Flat, modest fees (an annual licence renewal of roughly $5,500) rather than percentage-of-premium charges
  • An established, growing regulator — roughly 10 to 15 percent of new licensees relocate from other domiciles

Key considerations

  • Requires an Arizona-based captive manager, an Arizona resident statutory agent, and books and records kept in-state
  • At least one board meeting must be held in Arizona each year
  • Coverage is limited to commercial property and casualty, surety, and life and disability risks — personal lines are not permitted
  • Capital minimums and fees have changed more than once in recent years, most recently in 2025 — confirm current figures with DIFI or a licensed captive manager

Each card shows how that provider relates to Arizona — headquartered here, an office here, or serving the domicile.

Providers for Arizona

1 company

Oct 20, 2026How are these providers ranked?

Risk Services, LLC

Unclaimed
Serves this domicile
No reviews yetriskservcos.com1605 Main Street, Suite 800, Sarasota, Florida 34236, United States
  • Risk Consulting
  • Captive Feasibility Studies
  • Underwriting
  • Regulatory Compliance
  • Captive Management Services
  • Captive Accounting
  • +1 more

Risk Services, LLC is a full-service captive insurance manager providing formation, licensing, accounting, financial reporting, regulatory compliance, underwriting, policyholder administration, reinsurance intermediary and fronting support services.

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