Truist
Truist (formerly SunTrust) has a long history of escrow, trust, and risk management excellence and expertise, with both domestic and international coverage. We work with large and small clients alike to help mitigate risk for their insurance business needs. Our dedicated reinsurance collateral trust team provides trust services for clients who are looking for collateral posting alternatives to Letters of Credit.
Our reinsurance collateral trust product can help clients with the following insurance needs: Captives, Custody, Catastrophe Bonds, Insurance Linked Securities, Regulation 114, Reinsurance/Collateralized Reinsurance, Surety Bonds, and State Statute trusts.
Truist has experience and expertise in single-parent captives, group captives, risk retention groups, segregated cell–sponsored captives, special purpose captives, insurance-linked securities, and catastrophe bonds.
Truist serves all of the United States (except Kentucky), Bermuda, Cayman Islands, Turks and Caicos, and the US Virgin Islands and has offices in Georgia, Illinois, Maryland, New York, Virginia, West Virginia, Tennessee, Florida, Texas, California, Massachusetts, North Carolina, South Carolina, Washington DC, Mississippi, Alabama, and Arkansas.
