The Tennessee Division of Commerce & Insurance coverage has named Michael Shulz to be director of enterprise growth for the insurance coverage division, selling the expansion of Tennessee-based captive insurance coverage corporations.
Tennessee already ranks 10th on this planet for the variety of captives, with greater than 500, which have gross written premiums of greater than $2 billion, the division stated in a information launch. Shulz will work to broaden the usage of captives as a device for corporations to handle danger and self-insure points of their enterprise.
Shulz, who has served as director of six regulatory packages in TDCI’s Division of Regulatory Boards, will succeed Joshua Clark, who’s returning to the non-public sector, the division stated. Shulz has been with the division since 2020. He spent greater than a decade with former U.S. Sen. Lamar Alexander, as assistant press secretary, legislative correspondent and area consultant.
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