Solutions for captive insurers
We have been working with captive insurers since the industry originated in the 1960s. We have created a team dedicated to the captive insurance sector, and we consistently use our expertise and global strength to provide leading-edge solutions to this market.
Based in the Isle of Man, Guernsey and Jersey, we provide services to over 200 clients across all the main captive jurisdictions, including Bermuda, the Caymans and Dublin.
With our focus on flexibility, outstanding service and competitive pricing, we provide captives with bespoke solutions and world-class support.
Letters of Credit (LoC)
LoCs are an essential part of the captive industry. They are flexible, simple to set up and widely accepted. However, they can be expensive and time consuming to arrange - especially when amendments are needed.
In fact, many captives feel that the value added by quick service, speed of response and efficiency can far outweigh any differences in the initial cost.Our dedicated team will work quickly and accurately alongside your existing managers and custodians to produce LoCs of the highest standard.
Our LoCs are:
- Available in all major currencies
- Trade, standby or transferable
- Flexibility in regards to collateral - we can accept cash, investments and inward LoCs
We will ensure you obtain the best deal on LoCs without compromising your current investment strategies. In addition, our understanding of your sector allows us to be creative and proactive in designing a variety of LoCs to suit your needs.
Find out more about other Barclays Wealth products and services:
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Business banking solutions
We offer services to help you meet the financial challenges of operating within today’s fast-moving international environment. -
Payments and cash management
Barclays Wealth can help you effectively plan, monitor and manage your liquid or near liquid resources. -
Treasury products
We can offer you fixed deposits, committed money market loans, foreign exchange and investment options. -
Lending
We offer a number of options to help you manage your cash flows without disrupting your long-term investment plans.
Find out more about our solutions for captive insurers
To learn more about how Barclays Wealth could help your company, please contact us and we'll be in touch as soon as possible.
Legal information
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Private Clients International Limited in Jersey, Guernsey, Isle of Man.
The discretionary management services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Private Clients International Limited in Jersey, Guernsey, Isle of Man and Barclays Bank (Suisse) SA in Switzerland. For further information on these companies and Barclays Wealth please read the Important Information.
