Navigating Captive Insurance: Custody, Collateral, and Regulatory Challenges
Aug 27 2024
10 mins
In this podcast episode, Joel Appelbaum interviews Marty Ellis, leader of Comerica Bank's Global and Captive Insurance Group, discussing key aspects of custody and collateral in the captive insurance industry. Marty outlines the crucial role of custody accounts in holding financial assets for claims, and compares letters of credit with reinsurance trusts as collateral options, noti