SunTrust Banks
SunTrust Banks is an Associate Sponsor of Artemis ILS NYC 2021.
SunTrust Banks has a long history of escrow, trust and risk management excellence and expertise, with both domestic and international coverage, working with large and small carriers alike to help mitigate risk for their insurance business needs.
SunTrust Banks, Inc., now Truist headquartered in Charlotte, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients.
SunTrust provides reinsurance collateral trust solutions, applicable to insurance-linked securities (ILS) and collateralized reinsurance market participants.
The limitations and costs associated with traditional collateral options such as Letters of Credit have dramatically fueled the growth of alternative risk transfer strategies amongst insurers, reinsurers, captives and corporations. Fluid regulatory, financial and risk management environments demand lower-cost collateral solutions – solutions that afford maximum flexibility with minimal effort to set up and maintain.
SunTrust's collateral trust product can assist with the following insurance needs: Reinsurance/Collateralized Reinsurance; Regulation 114 Trusts; Captives; Surety Bonds; State Statute Trusts; and Collateral/Depository Accounts
For all enquiries regarding sponsorship opportunities for Artemis events please contact [email protected].
Why choose an Insurance Trust?
- Improved Credit Availability – an insurance trust has no adverse impact on your available credit.
- Cost Effective – insurance trusts generally save you in annual fees compared to other forms of collateral posting options.
- Convenience – insurance trusts are tri-party arrangements that require no annual renewals.
- Reduced Liability Concerns – insurance trusts may limit the range of acceptable investments; this is done to ensure adherence to all regulatory requirements.
Contact SunTrust representatives for more information about their reinsurance collateral trust solutions:
Donny Tong - [email protected]
Joseph Monaco - [email protected]
Barbara Aubry - [email protected]
Our Sponsors
Headline sponsor
Gold sponsors
Associate sponsors
Sponsorship packages are available now. For all enquiries contact [email protected].