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The Tennessee Department of Commerce & Insurance Hires New Captive Insurance Section Director

Tuesday, February 07, 2023 2:00 PM | Admin Impact (Administrator)

The Tennessee Department of Commerce & Insurance (TDCI) has announced that Mark Wiedeman is the new director of TDCI's captive insurance section.

A Utah native, Wiedeman is a graduate from Brigham Young University with a bachelor of arts in history and a master’s in public administration. Wiedeman began his regulatory career working as a valuation analyst for the Utah State Tax Commission. He joined the Utah Insurance Department in 2012 as an auditor before being promoted to senior examiner and eventually rising through the ranks to become assistant division director. In 2022, Mark left the Utah Insurance Department to start a business in contract insurance examinations and captive insurance consulting. 

“TCIA is excited to welcome Mark Wiedeman to Tennessee as the new Captive Director, and we look forward to working with him and continuing our successful public/private partnership that keeps Tennessee as one of the leading U.S. domiciles." said TCIA President Kevin Doherty. 

Wiedeman states that “Tennessee has a great reputation among captive domiciles, and I am excited to be joining Tennessee’s team where I will work to help them continue in their success. My goal is to maintain a regulatory structure that allows for stable and sustainable growth while giving captive companies a domicile in which they can succeed in providing their parent companies with innovative insurance products.”

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