New Jersey

 
Total number of active captives
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Number of active captives (pure)
22
Number of individual cells/cell participants
1
Total number of active captives, as of 12/31/2018
21
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
Applicable Acts/Enabling Legislation
New Jersey State Assembly 17:47B-1 et seq.(Captive Insurers Act.
Captive Administrator’s name and longevity in position and also within department
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Time given for application process
30 days
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.nj.gov/dobi/division_insurance/captive/index.html