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KeyState Appointed New Vice President of Captive Solutions

The Las Vegas-based insurance firm has selected Ian Podmore to oversee its captive solutions division.

Updated on Oct. 9, 2026 in People

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KeyState has appointed Ian Podmore as the new vice president of captive solutions to lead the firm’s specialized insurance risk management programs. AI Illustration. Upload story photo >

KeyState has hired Ian Podmore as the new vice president of captive solutions. The Las Vegas-based company, which has managed more than 100 captive insurance firms since its 1991 founding, made the appointment to lead its specialized insurance programs.

Why it matters

The firm continues to expand its reach in the captive insurance market, a sector that offers businesses alternative ways to manage risk through self-insured entities. This strategic hire follows the company's recent launch of a protected cell company platform in Washington, DC, earlier this year.

KeyState has managed more than 100 captive insurance companies since the firm was established in 1991. The impact of the new vice president on the group's current portfolio size remains to be seen.

The players

KeyState

A Las Vegas-headquartered firm that specializes in captive insurance solutions.

Ian Podmore

The newly appointed vice president of captive solutions based in Charlotte, North Carolina.

The details

Ian Podmore joins the executive team with experience from previous roles at Aon, Hylant, AF Group, WTW, and Atlas Insurance Management. While based in Charlotte, North Carolina, he will oversee a division central to the company’s ongoing growth. This move complements the recent March launch of a protected cell company platform, marking another step in the firm's national development.

Timeline

  1. 1991: KeyState was founded.

  2. 2014-2018: Podmore worked at Atlas Insurance Management.

  3. 2018-2020: Podmore worked at WTW.

  4. 2020-2023: Podmore worked at AF Group.

  5. March 2026: KeyState launched a protected cell company platform.

Beyond the Strip

This hire marks a clear advancement following the firm's March 2026 launch of a protected cell company platform in Washington, DC. It represents a continuation of KeyState's strategy to scale its specialized insurance infrastructure.

The firm maintains its corporate headquarters in Las Vegas, serving as a hub for its national operations and specialized risk management services. Local business professionals may note the company's continued growth as a domestic player in the captive insurance sector.

The takeaway

The appointment underscores the company's commitment to scaling its captive solutions arm following a major platform launch this spring. Industry observers should watch for how the new leadership influences the firm's portfolio management strategy throughout the remainder of the year.

Further reading

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Source note: This article includes information reported by Captiveinsurancetimes.