Boards and Commissions

Tennessee Captive Insurance Company
Board of Directors

Treasurer David H. Lillard, Jr. serves as president of the Captive Insurance Company, which is administratively attached to the Tennessee Department of Treasury

Tennessee State Capitol Building

The Board of Directors oversees Tennessee’s Captive Insurance Program. The duties of the Board are found in T.C.A. § 9-8-103. The Board of Directors of the State of Tennessee Captive Insurance Company provides general oversight of Tennessee’s Captive Insurance Company.

The Captive Insurance Company was formed in June 2022. The main purpose for creating the Captive Insurance Company was to avoid using traditional commercial insurance companies, which have been extremely volatile in pricing over the past years. Through the Captive Insurance Company, the State expects to reduce its overall costs, have the ability to insure difficult risks, and have direct access to reinsurance markets, which will increase the likelihood of savings in premiums and other costs associated with the purchase of insurance from the traditional insurance market.

The Company only insures the State of Tennessee’s potential losses, exposures and risks of the executive, legislative and judicial branches of the Tennessee state government including, but not limited to, Tennessee public institutions of higher education. Initially, the Captive Insurance Company will provide the cyber liability and all-risk property coverages. All other lines of coverage, such as fine arts, crime, etc., will continue to be purchased using traditional commercial insurance companies.

Board Meetings and Materials

Upcoming Meetings

Past Meetings

Event date: 3/8/2023 11:00 AM Export event
Cassidy Denton
/ Categories: Tennessee Claims Commission

Tennessee Claims Commission En Banc Hearing

The Commissioners of the Tennessee Claims Commission will conduct a telephonic En Banc hearing at 11:00 A.M. (Central Standard Time) on March 8, 2023.

The Commissioners of the Tennessee Claims Commission will conduct a telephonic En Banc hearing at 11:00 A.M. (Central Standard Time) on March 8, 2023. Approximately five (5) minutes before the scheduled conference time, dial (615) 253-0720.

The Commission will consider the following:

En Banc Motions: 
Ricky Flamingo Brown, Sr. v. State of Tennessee; Claim No.: 0546-GL-22-0502655-001

After hearing the en banc requests, the Commission will also consider the following items, to wit: 

Any other business that might be brought before the Claims Commission. 

This meeting will be conducted pursuant to Tenn. Code Ann. §8-44-108. Please contact the Clerk of the Claims Commission at 615-741-0741 for more information.

Any individuals with disabilities who wish to participate in these proceedings should contact the Claims Commission Clerk's office to discuss any auxiliary aids or services needed to facilitate such participation. Such contact may be in person, by writing, telephonically, or otherwise, and should be made no less than two (2) days prior to the scheduled meeting date, to allow time for the Treasury Department to provide such aid or service. The Clerk's office address and telephone number are 13th Floor, Andrew Jackson State Office Building, 502 Deaderick Street, Nashville, TN 37243, (615) 741-0741. 

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Documents to download

Date and Time Location Agenda/Minutes
Board of Directors Staff Meeting
Wednesday, September 28, 2022
Approximately 1:30 p.m. (Central Time)
 Tennessee Tower
Conference Room N (Third Floor)
312 Rosa Parks Blvd
Nashville, Tennessee
Board of Directors Meeting
Wednesday, June 22, 2022
Approximately 11:00 a.m. (Central Time)
 Tennessee Tower
Conference Room D (Third Floor)
312 Rosa Parks Blvd
Nashville, Tennessee


Tennessee Captive Insurance Company Board Members

The Board of Directors of the State of Tennessee Captive Insurance Company is comprised of the State Treasurer who serves as President, and four (4) ex officio members.

Ex-Officio Members

Member Title/Department Location
David H. Lillard, Jr.
 State Treasurer Nashville, TN
Tre Hargett
 Secretary of State
 Nashville, TN
Jason Mumpower Comptroller of the Treasury Nashville, TN
Jim Bryson Commissioner, Finance & Administration Nashville, TN
Juan Williams Commissioner, Department of Human Resources Nashville, TN

Contact Us

Have questions about Board of Directors of the State of Tennessee Captive Insurance Company? We're here to help!

 (615) 741-2734

Rodney.Escobar@tn.gov

Mailing Address

State of Tennessee Captive Insurance Company
Board of Directors
Andrew Jackson Building
502 Deaderick Street
Nashville, TN 37243-0202