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8295 Tournament Dr, Suite 150
Memphis, TN 38125

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Tennessee Department of Commerce & Insurance – What are its Functions?

If you’re the owner of a business, you need commercial insurance. Companies need to carry property and liability insurance, and they also need worker’s compensation and employee health insurance. If you live near the Memphis, TN area and want answers to insurance questions, our team at P3 Insurance Solutions is ready to help. We’ve provided insurance coverage for clients in your area for over a decade.

Tennessee Department of Commerce & Insurance

Have you ever wondered about the functions of the Tennessee Department of Commerce & Insurance? Their website reveals that the agency oversees seven sections, which oversee insurance matters and provide resources about insurance for Tennessee citizens. One of those divisions is the consumer resources section. If you have a problem with an insurance company or would like to express your opinion about an insurance-related matter, that is the section where you can find the resources needed.

Captive Insurance – What is It?

Businesses seeking captive insurance information can find it in the Captive Insurance section of the Department’s website. According to Investopedia, a captive insurance company is an insurance company formed by its members. Users of captive insurance report lower premiums and tax advantages. If you would like to consider captive insurance for your company, resources can be found at their website.

Call Us Today for Your Appointment

If your company is new, the Department of Insurance website can be a valuable resource for insurance education. Our team at P3 Insurance Solutions has years of expertise and insurance knowledge to share with your company. Companies in the Memphis, TN area can feel confident when trusting us with their insurance needs. Call us for an appointment today, and let’s talk about insurance.

Partner Carriers


  • Allstate
  • American Modern
  • Encompass
  • Farmers/Foremost
  • Guard
  • Liberty Mutual
  • Nationwide
  • National General
  • Progressive
  • Safeco
  • State Auto
  • The Hartford
  • Travelers