Sanford Saito has been appointed deputy commissioner and captive insurance administrator for the state Department of Commerce and Consumer Affairs’ Insurance Division. Saito had been serving in the position in an acting capacity.
“Sanford is a dedicated team member who has played an integral role in the success of our captive insurance industry,” said Hawai‘i Insurance commissioner Gordon Ito.
Saito is a certified financial examiner and has been with the Insurance Division since 2004 as a captive insurance examiner. Prior to that, he worked as a public utilities auditor in the department’s Division of Consumer Advocacy.