News

11.04.2016
The Tribal Domicile
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The Tribal Domicile to Attend Agent Summit in Las Vegas May 9 - 11 Tim Houseberg, Commissioner of Insurance, and Charlie Cheek, Registrar of Companies, will represent The Tribal Domicile at Agent Summit 2016, being held on May 9 – 11 at the Venetian / Palazzo Resort & Sands Expo. Tim will be a panelist on this year’s reinsurance panel, which will be discussing participation offerings, structures, and rewards. Stop by our Table or Schedule a Meeting On Monday, May 9th from 11:00 a.m. to 3:30 p.m., we will be at the reinsurance table tops during the Symposium. Tim and Charlie are available for meetings on both Monday and Tuesday. Call or email Tim today to set up a time to discuss your business and how we can serve your needs during the remainder of 2016. For more information, please visit http://agentsummit.com/2016-reinsurance-symposium-schedule/.   About The Tribal Domicile The Tribal Domicile is the first viable, economically-feasible domestic alternative to traditional offshore domiciles for reinsurers owned by vehicle dealers, agents, and other specialized producers, such as rent-to-own stores. We refer to them as Allied Reinsurance Companies (ARCs). An ARC domiciled in The Tribal Domicile is considered a domestic insurance company for U.S. federal income tax purposes. There is no need to file a §953(d) election. By domiciling your existing or new reinsurance company in The Tribal Domicile, you would not have had to address concerns about FATCA. You would not have to participate in the BE-10 Benchmark Survey. You will not have to worry when another government entity expands its reporting requirements for any person or company with foreign affiliates.
Tim Houseberg, Insurance Commissioner for The Tribal Domicile, will present at the 2015 F&I Reinsurance & Product Conference, the successor to the annual F&I Office Protection Products Conference sponsored by the CreditRe team led by Gary and Connie Fagg. The Conference will be held at the Tempe Missions Palms in Tempe, Arizona, October 26 – 28, 2015. The Conference will be led by industry veterans at GPW and Associates, Inc. Tim will provide an update on the growth of The Tribal Domicile on the second day, Risk Transfer and Taxation. Please reach out to Tim at 918-822-2311 or thouseberg@delawaretfs.com if you would like to schedule a meeting during the conference. For more information on the conference, please visit http://fandi-conference.com/.
We are pleased to announce that two more insurance companies have agreed to cede to Allied Reinsurance Companies Domiciled in The Tribal Domicile: Courtesy Insurance Company, a JM&A Group Company, and Century Automotive Service Corporation, a MAPFRE Company. You may download the Courtesy Insurance Company letter here and the Century Automotive Service Corporation letter here. Please keep checking back to our Service Provider tab on our website, www.thetribaldomicile.com, to stay informed of our progress!
Tim Houseberg, Commissioner of Insurance, will represent The Tribal Domicile at Agent Summit 2015, being held on March 2 - 4 at the Venetian / Palazzo Resort & Sands Expo. Organizers of the annual Agent Summit have announced that the Participation & Reinsurance Symposium will return for a third year in 2015. “Reinsurance education remains in high demand among general agents,” said David Gesualdo, show chair and publisher of Agent Entrepreneur and F&I and Showroom. “The Reinsurance Symposium is unique in that it delivers that education and puts agents in direct contact with the executives and thought leaders who drive the segment.” This year’s Reinsurance Symposium does not address alternatives to controlled or non-controlled "foreign corporations.” The Tribal Domicile is an affordable domestic alternative. No §953(d) election is necessary as you do not own a foreign corporation. You have direct and easy access to regulators and administrators; establishing bank accounts is easy; there is one “all-in” fee for domestication, formation, or renewal; electronic forms and applications are available, and the turnaround time is fast. Stop by and see us during this year's Reinsurance Symposium on Monday, March 2nd from 12:30 p.m. to 3:00 p.m. at the reinsurance table tops during the Symposium. The Tribal Domicile is also a general sponsor for Agent Summit and will be available in the Agent Summit 2015 Expo, booth 211, next to the bar. Stop by to visit and receive a 2013 Delaware Tribe Treaty $1 U.S. Coin. Mr. Houseberg is available for meetings Monday 8:00 a.m. through Tuesday 1:00 p.m. For more information, please visit http://agentsummit.com/highlights/reinsurance-symposium-headlines-agent-summit-v/.
06.05.2014
The Tribal Domicile
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The Tribal Domicile participated at Agent Summit this past March as an exhibitor and presenter. Jennifer Carter Nebrich, senior editor for Agent Entrepreneur and P&A magazines, interviewed Tim Houseberg, Insurance Commissioner, at the summit. Please click here to watch the video. Since then, Jennifer has also published an article, "A Domestic Alternative for Reinsurance." She wrote this based on an in-depth interview with Tim conducted in April of this year. Please click here to read the article.
27.02.2014
The Tribal Domicile
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As we have previously mentioned, Tim Houseberg, Commissioner of Insurance, and Charlie Cheek, Registrar, will represent The Tribal Domicile at Agent Summit 2014 on March 10 - 12 at Caesar's Palace in Las Vegas. We have been confirmed as a panelist for the 9 a.m. Reinsurance Provider Showcase on Monday, March 10, and will be making a short presentation. If you haven’t done so already, please contact us to schedule a meeting time during Agent Summit! Phone: (620) 877-4694 Fax: (620) 877-4018 Email: Info@TheTribalDomicile.com
14.02.2014
The Tribal Domicile
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On February 10, 2014, Mike Anderson, COO of Assurant, wrote a letter to Tim Houseberg, Insurance Commissioner of The Tribal Domicile, expressing Assurant’s comfort with ceding to Allied Reinsurance Companies established within The Tribal Domicile. “We have reviewed the legal materials you provided, and subject to the same criteria we observe for reinsurance to other traditional domiciles, we are comfortable ceding to Allied Reinsurance Companies established within The Tribal Domicile,” Mike wrote. To download the full letter, please click here.
In April 2013, captive.com featured the personal opinion of Steve Kinion, Director, Bureau of Captive and Financial Insurance Products, Delaware Insurance Department, regarding The Tribal Domicile of The Delaware Tribe of Indians. To read his thoughts, please click here.
Tim Houseberg, Commissioner of Insurance, and Charlie Cheek, Registrar, will represent The Tribe Domicile at Agent Summit 2014 on March 10 - 12 at Caesar's Palace in Las Vegas. Organizers of the annual Agent Summit have announced that the Participation & Reinsurance Symposium will return for a second year in 2014. This year's event will feature a new format designed to give agents a comprehensive review of reinsurance and put them in direct contact with leaders in the segment. The symposium is scheduled for Monday, March 10, from 9am to 1pm, including a luncheon session. The Tribal Domicile is sponsoring this event and will have information about the first new economically-viable domicile for this segment of the reinsurance industry in a decade (and the first new domestic domicile in 30+ years). For more information, please visit http://agentsummit.com/highlights/reinsurance-symposium-returns-with-new-format/.
17.01.2014
The Tribal Domicile
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January, 2013 The Delaware Tribe of Indians, through the Delaware Tribal Financial Services, is pleased to announce its start of a second year as a captive insurance and reinsurance company domicile. As a sovereign nation and federally recognized Tribe, the Delaware Tribe of Indians has created an innovative alternative to traditional offshore reinsurance domiciles. "Our program is a limited, focused domicile that specializes in a small segment of the big insurance and reinsurance world," said Chief Paula Pechonick, Delaware Tribe of Indians. "This focus allows us to adopt laws and regulations tailored to fit the needs of these specialized segments." The domicile targets reinsurance companies allied with vehicle-dealerships producing the typical F&I office risks and with other specialized producers, such as rent-to-own stores. "Our program is much more than an improved process," said Chief Paula Pechonick, Delaware Tribe of Indians. "It is a more efficient and responsive process that is poised to dramatically change how these insurers and reinsurers interact with their regulators." DTFS will utilize technology-based communications and filings that DTFS will review and address in hours and days, not weeks and months. There is nothing between you and your regulator. To learn more about his ground-breaking program, call 680-877-4694 or visit us at the CreditRe Conferences on October 29 - 31 2013 and at the Participation and Reinsurance Symposium on March 10, 2014.

List of Insurers Willing to Cede to ARCs within The Tribal Domicile Grows

Contact Us!

Phone: 620.879.2112

Fax: 855.314.6870

Email: Info@TheTribalDomicile.com

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