Mr. Kinion became director of the Bureau of Captive and Financial Insurance Products in July 2009. Prior to his appointment, he was the senior advisor for regulatory policy for Insurance Commissioner Karen Weldin Stewart. When he became the captive director, the bureau had only 38 captive insurance companies. Today, Delaware ranks as the world’s 5th largest captive domicile and the 3rd largest U.S. domicile with annual captive insurance premiums exceeding $4.5 billion.