Comerica Bank is one of the few banks with a dedicated captive team which has been serving the needs of captives for over 25 years in all major domiciles. Comerica’s award-winning captive specialists can help find the best financial solutions for your captive.
1601 Elm St #100,
Dallas, TX 75201
As the leading bank for business* and one of the few banks with a dedicated captive team, Comerica Bank can help find the best financial solutions for your captive. Our award-winning captive insurance team has been serving the needs of captives for over 25 years in all major domiciles.
Our specialized team helps companies who are learning about the benefits of captive insurance, seeking advice on a service provider or domicile, and looking for competitive, trustworthy banking options for their captives. We provide the banking tools and services required to effectively manage captives, from letters of credit and Regulation 114 Trusts to custody, investment and treasury management services.1
To learn more, call 313.757.5046 or visit Comerica.com/captive.
Member FDIC. Equal Opportunity Lender.
*Comerica ranks first nationally among the top 25 U.S. financial holding companies, based on commercial and industrial loans outstanding as a percentage of assets, as of June 30, 2018. Data provided by S&P Global Market Intelligence.
1Securities and other non-deposit investment products are not insured by the FDIC; are not deposits or other obligations of, or guaranteed by, Comerica Bank or any of its affiliates; and are subject to investment risks, including possible loss of the principal invested. Past performance is not indicative of future results.
Key service areas
• 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 management for captive insurance premiums and assets
• Treasury management, borrowing solutions, foreign exchange and other banking needs of companies
Regions of operation
• Cayman Islands
• Puerto Rico
• British Virgin Islands
Martin G. Ellis
Senior Vice President
Manager--Global & Captive Insurance Group
Phone: (313) 222–9443
Fax: (313) 222–5466
Martin G. Ellis
Mr. Ellis is Senior Vice President and Manager of Comerica Bank’s Global and Captive Insurance Group. The Group specializes in providing banking services such as revolving credit facilities, letters of credit, treasury management, asset management, and trust custody to insurance, reinsurance, and captive insurance companies in the U.S., Canada, Bermuda, Barbados, and the Cayman Islands.
He has over 25 years’ experience at Comerica providing a full range of business banking solutions including acquisition financing to companies in many different industries including insurance, brokerage, and finance.
Mr. Ellis is a CPA, has a BBA from the University of Notre Dame, and a MBA from the University of Michigan.