Get the insights and guidance you need to protect your company.
Get the financial tools your captive needs with one-on-one help from an experienced financial advisor.
Gain the benefits of having a captive.
Companies of all sizes with annual premiums totaling at least $500,000 among workers’ compensation, general liability, medical malpractice, automobile, property and other forms of insurance can benefit from a captive. For over 25 years, our captive specialists have been helping companies that want to:
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.
Bypass commercial insurance markets and retain underwriting profits and investment income.
Choosing a custodian bank
Finding the right custodian bank can impact the operation and profitability of your captive. Consider the following factors:
Where your custodian bank is located (onshore versus offshore)
The size of your custodian band and its market
The experience and commitment your custodian bank has to captive insurance
Whether your custodian bank offers investment management and foreign securities options
Why leading businesses choose the Leading Bank for Business*.
174 years of know-how
Comerica brings the stability and expertise needed to guide middle market companies through often challenging economic cycles.
Comerica middle market bankers are among the most well-trained and proficient relationship managers in the country.
Specialized industry expertise
For automotive to manufacturing, construction to wholesaling, our middle market bankers bring decades of specialized industry knowledge.
Comerica bankers provide insight and analysis to each business’ unique situation to develop relevant solutions.
Full-spectrum solutions for your captive
Comerica provides the widest array of funding solutions to meet the specific needs of middle market compaines, 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 managment for captive premiums and assets
Financing, cash flow and foreigh exchange solutions
*Comerica ranks first nationally among U.S. financial holding companies with greater than $60B in assets, based on commercial and industrial loans outstanding as a percentage of assets, as of September 30, 2023. Data provided by S&P Global Market Intelligence.