Captive Insurance Services

  • Right for you if:
    Sophisticated financial solutions serving the unique needs of captive insurance companies conducting business internationally.

  • Captive insurance companies need a financial service provider with in-depth industry knowledge and expertise combined with the strength and stability that come with an international bank.

    Dedicated Managers, Captive Expertise

    We specialize in personalized service. As a Scotiabank client, you will receive personalized service from a dedicated Relationship Manager bringing their knowledge and expertise directly to you and your business. Your Relationship Manager will work with you to develop a long term strategy based on your specific business requirements and needs. 

    Integrated Captive Solutions

    Our integrated approach gives us the ability to provide all your financial service needs through one manager. This will help drive down costs and lead to efficiency of service while avoiding the additional administration work and fees associated with service fragmentation.
    Our sophisticated suite of financial service capabilities include: 

  • Banking & Cash Management

  • Investment Management

  • Letters of Credit

  • Custody Services

  • Banking & Cash Management

    We provide cash management solutions to meet the unique needs of our captive insurance clients.

  • Operating accounts

  • Notice investment account for surplus cash that earns an attractive rate of interest subject to 31 days' notice

  • Fixed term deposits with terms available from 1 month to 2 years

  • Sophisticated online banking platform

  • Investment Management 

    Scotiabank Wealth Management delivers comprehensive advice and solutions to meet the complex needs of captive insurance clients.
    Our investment team places our clients' needs squarely at the center of everything we do. With over 15 years' experience in all types of captives our advisors will provide you with access to leading international investment products and services.
    Enriched ThinkingTM coupled with our captive expertise is what differentiates us from the competitor.

    Letters of Credit

    NAIC approved and accepted as a counter party for admitted insurance companies, we are your first choice in supporting any captive insurance program. Our expertise allows us to deliver service where letters of credit can be collateralised by all forms of acceptable security.

    Custody Services

    Through our vast network of subsidiaries and correspondents around the world, we are able to act as Custodian in the care and security of your investments. Our custody services are well established and aligned to the requirements of captive insurance providers.

    To learn more about our Captive Insurance Services, please contact a member of our dedicated captive insurance team.

    Marcus Stafford
    Director, Captive Insurance Services
    1 345 815 4320
    marcus.stafford@scotiabank.com

    Jacqueline Forrester
    Associate Director, Captive Insurance Services
    1 345 815 4319
    jacqueline.forrester@scotiabank.com

    Candice Merren-Yates
    Relationship Manager, Captive Insurance Services
    1 345 914 6273
    candice.merren-yates@scotiabank.com

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