Belinda Fortman

ICCIE Electives - Accounting for Captives: Financial Planning and Analysis and Accounting for Captives: Interpretation and Management Perspective

Belinda is the Director of Captive Programs for the Tennessee Department of Commerce and Insurance (“TDCI”)   and is based out of Nashville, TN.  She joined the TDCI in June, 2020, and previously served as the Managing Director for a boutique alternative risk consulting and captive management firm she founded in 2018.  Prior to that, she held leadership roles with several large independent captive management firms.

Belinda has been active in the captive insurance industry for over twenty years, and has extensive knowledge of all phases of captives, from feasibility, implementation, re-domestications, and ongoing management, through to dissolution.   Her insurance career began while working for Ernst & Young in their insurance and international tax divisions.  She then served as Treasurer & Comptroller for a Canadian public company and was the Managing Director for their offshore captive, then transitioned to captive management in 2003.

Belinda has managed or overseen all captive formation types, including risk retention groups, protected cell structures, special purpose financial captives, reciprocals and group captives.   Her client base has ranged from Fortune 100 corporations, closely held private organizations, and non-profit entities, from industries as varied as financial services, health care, retail, manufacturing, religious and government.  Belinda’s domicile experience includes Vermont, Tennessee, Delaware, the District of Columbia, North Carolina, Michigan, Utah, Barbados as well as re-domestications from Cayman and Bermuda.

Belinda is a Certified Management Accountant, and holds the Associate in Captive Insurance and Associate in Risk Management designations.  Prior to joining the TDCI, she was a board member and the Treasurer for the Tennessee Captive Insurance Association, and served as a director representative on its Conference Committee.