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ReSource Pro Compliance | Insurance Licensing Services

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Home » Press Releases » Missouri Captive Insurance Industry Continues Substantial Growth in 2023

Missouri Captive Insurance Industry Continues Substantial Growth in 2023

MO | The Missouri Captive Insurance Industry had another successful year, increasing its gross written premium by 142% in 2023. The amount of written premiums in 2022 were $3,543,681,320 vs. $8,600,492,937 in 2023. This growth is attributed to the quality and strength of the companies in Missouri, as well as the Missouri Department of Commerce and Insurance’s Captive Insurance Program’s hands-on support of Missouri captive clients. 

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