Leading Bank for Business | Captive Insurance

To protect your bottom line, move beyond basic banking

Leading Bank for Business | Captive Insurance

To protect your bottom line, move beyond basic banking

If you don’t think a bank can help your captive insurance company navigate through captive solutions, maybe it’s time to bank differently. At Comerica, we’ve become the Leading Bank for Business* by providing more than just ordinary banking. Our captive banking advisors help companies of all sizes with their captive banking needs.

 

LEARN ABOUT CAPTIVES

If you don’t think a bank can help your captive insurance company navigate through captive solutions, maybe it’s time to bank differently. At Comerica, we’ve become the Leading Bank for Business* by providing more than just ordinary banking. Our captive banking advisors help companies of all sizes with their captive banking needs.

 

LEARN ABOUT CAPTIVES

Is a captive right for your business?

Companies of all sizes with annual insurance premiums totaling at least $500,000 among workers’ compensation, general liability, medical malpractice, automobile, property, warranty and other forms of insurance, can benefit from a captive.

To see how much your company might benefit from a captive, schedule an appointment with a Comerica captive specialist today.

Advisors, not just bankers

At Comerica, our clients seek solutions for protecting their businesses, not just rates and terms.

That’s why our bankers provide more than just banking products. As one of the few banks with a dedicated captive insurance banking team, our advisors are here to help with your captive insurance banking needs, both offshore and onshore.

Schedule an appointment today to:

• Learn about the benefits of captive
insurance
• Gain advice on finding a service provider,
such as a captive insurance manager, or
selecting a domicile
• Find competitive, trustworthy banking
options for your captive

Is a captive right for your business?

Companies of all sizes with annual insurance premiums totaling at least $500,000 among workers’ compensation, general liability, medical malpractice, automobile, property, warranty and other forms of insurance, can benefit from a captive.

To see how much your company might benefit from a captive, schedule an appointment with a Comerica captive specialist today.

Specialists, not generalist

A reinsurance trust is not the same as a custody account. Obvious, but often overlooked in the financial industry. At Comerica, we understand the critical nuances and requirements necessary for businesses to successfully establish and manage a captive. For over 25 years, our captive specialists have been helping companies who want to:

Captive-Warning-Icon

Mitigate risk
manage the type and amount of risk you wish to retain, even for risks that are uninsurable in the commercial market.

 

Captive-Dollar-Icon

Manage cash flow
control your premium payments and the investment strategy for them.

 

Captive-Wallet-Icon

Manage costs
bypass commercial insurance markets and retain underwriting profits and investment income.

 

Advisors, not just bankers
 

CB-70674-01 F (1) GENERAL LP

 

 

 

At Comerica, our clients seek solutions for protecting their businesses, not just rates and terms.

That’s why our bankers provide more than just banking products. As one of the few banks with a dedicated captive insurance banking team, our advisors are here to help with your captive insurance banking needs, both offshore and onshore.

Schedule an appointment today to:

  • Learn about the benefits of captive insurance
  • Gain advice on finding a service provider, such as a captive insurance manager, or selecting a domicile
  • Find competitive, trustworthy banking options for your captive

Specialists, not generalist

A reinsurance trust is not the same as a custody account. Obvious, but often overlooked in the financial industry. At Comerica, we understand the critical nuances and requirements necessary for businesses to successfully establish and manage a captive. For over 25 years, our captive specialists have been helping companies who want to:

CB-70674-01 F (1) GENERAL LP
CB-70674-01 F (1) GENERAL LP
CB-70674-01 F (1) GENERAL LP

Mitigate risk
manage the type and amount of risk you wish to retain, even for risks that are uninsurable in the commercial market.

 

Manage cash flow
control your premium payments and the investment strategy for them.

 

Manage costs
bypass commercial insurance markets and retain underwriting profits and investment income.

 

Business solutions

It’s simple. We don’t sell. We advise. That’s why our captive insurance advisors begin by understanding your business from the ground up before we recommend how to help you protect your entity. Our process is built around you and not us, with customized solutions, including:

 

• Letters of credit (required by fronting insurance companies)
• Trust services, including Regulation 114 Trusts (agreement between a captive, a fronting insurance company and a bank)
• Custody services to hold assets of a captive, either onshore or offshore
• Investment management for captive premiums and assets1
• Financing solutions2
• Managing cash flow
• Foreign exchange solutions


Hindsight forms insight.

With nearly 150 years of experience serving businesses and billions in total credit commitments, assets in custody and assets under management for the captive industry, our long view enables us to provide fact-based insights to help you plan properly.


Hindsight forms insight.

With nearly 150 years of experience serving businesses and billions in total credit commitments, assets in custody and assets under management for the captive industry, our long view enables us to provide fact-based insights to help you plan properly.

Let's solve.

For a complimentary consultation to see if your company might benefit from a captive insurance company, or to see if we can provide you with a customized banking solution for your captive, fill out the form below to have a Comerica representative call you. 

 

 

 

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Or contact Comerica at 313.757.5046

Member FDIC. Equal Opportunity Lender.
*Comerica ranks first nationally amoung the top 25 U.S. financial holding companies, based on commerical and industrial loans outstanding as a percentage of assets, as of December 31, 2017. Data provided by S&P Global Market Intelligence.
1Securities and other non-deposit investment products are not insured by the FDIC; are not deposits or other obligations of, or guaranteed by, Comerica Bank or any of its affiliates; and are subject to investment risks, including possible loss of the principal invested. Past performance is not indicative of future results.
2Loans subject to credit approval.

*Comerica ranks first nationally among the top 25 U.S. financial holding companies, based on commercial and industrial loans outstanding as a percentage of assets, as of March 31, 2018. Data provided by S&P Global Market Intelligence.
1Securities and other non-deposit investment products are not insured by the FDIC; are not deposits or other obligations of, or guaranteed by, Comerica Bank or any of its affiliates; and are subject to investment risks, including possible loss of the principal invested. Past performance is not indicative of future results.
2Loans subject to credit approval.