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