South Carolina's insurance department approved Atlas's application to establish an insurance management company, making Atlas the first North Carolina captive management company to obtain a captive management license in the neighboring state.

       By the end of 2015, South Carolina already had 167 active captive insurers, including 74 pure captive insurers and 33 risk retention groups (RRGs).

       Atlas manages numerous captive insurers in and outside the United States, including captives domiciled in the Cayman Islands, Anguilla, Delaware, the District of Columbia, Tennessee and North Carolina.

Source: Captive Review