Captive Review has named Comerica Bank as the winner of the 2022 U.S. Captive Review Banking Collateral Specialist Award.
Captive Review annually recognizes and honors providers of the captive insurance products and services who have outperformed their competitors and demonstrated the highest levels of excellence over the past 12 months.
“Receiving this recognition from Captive Review is an honor as it highlights our commitment to providing customers, such as those in captive insurance, a higher level of service,” said Martin Ellis, Comerica Bank senior vice president and captive insurance banking group manager.
This marks the fifth time Comerica has received an award by Captive Review (2022, 2019, 2017, 2015, 2014) and the ninth consecutive year the bank has been named a finalist.
"To strengthen those relationships, we have a dedicated captive insurance team, and our captive banking specialists continue to stay updated on the latest industry developments and regulations to better serve our customers," Ellis said. "Our relationship managers build collaborations with other lines of business to further support our clients, and we have upgraded our systems and streamlined our documents over the years as we strive to improve the customer experience we offer."
Client testimonials attested to Comerica's understanding of the complexities and uniqueness of the various captive structures, and its responsiveness and creativity in providing the necessary banking solutions.
Comerica's Captive Insurance Banking group provides specialized banking services for captive insurance companies, including letters of credit, reinsurance trusts, trust custody, asset and treasury management services. To learn more, visit http://www.comerica.com/captive.
About Captive Review
Captive Review and captivereview.com are published with the concerns and interests of the risk management and captive insurance communities firmly in mind. Captive Review was launched in December 1999 and is now published monthly. Captive Review and captivereview.com are wholly owned by Pageant Media Limited, an independent publishing company that was formed in February 1998 and has grown to become a leading information provider within its core markets.