Joe McDonald will be rejoining the South Carolina Department of Insurance (the Department) as the Director of its Captive Insurance Division. McDonald previously served as a licensing coordinator and consumer liaison at the Department from 2008 to 2020. McDonald most recently acted as the Captive and Risk Finance Product Manager at the International Risk Management Institute, Inc.
“It is my pleasure to welcome Joe McDonald back to the SCDOI as our Captive Director,” South Carolina Insurance Director Ray Farmer said in a press release. “South Carolina has long been considered one of the top mature domiciles in the industry with a thriving captive marketplace. I know Mr. McDonald will be an asset to our team and lead the Captive industry in our state to even more success.”
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