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Every captive banking

relationship cultivated with care.

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An individulaised approach that’s as unique as your business.

For over 150 years, Butterfield has provided customers with innovative, quality products

delivered with a personal touch. Headquartered in Bermuda, with subsidiary offices in

The Bahamas, the Cayman Islands, Guernsey, Switzerland and the United Kingdom, we

assist customers with operations in key insurance markets around the globe.

Unique among international banks in terms of our structure and size, we provide

customised, yet highly cost-effective banking and asset management solutions and have

been a steadfast partner of the insurance industry for over 40 years.

Our success is built on a set of fundamental strengths: sound corporate values; a stable

customer base; strong capital and liquidity positions; and solid core businesses.

WHY BRING YOUR BUSINESS TO BUTTERFIELD?

• Customised products

• Dedicated relationship managers

• Multi-industry expertise

• International reach

• Valuable partnerships

• Service excellence

For captive insurance companies, we provide comprehensive cash management, treasury

and investment services and full letter of credit facilities to meet your specific needs.

Corporate and institutional clients can also benefit from theButterfield Group’s asset

management and corporate trust services.

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SOLUTIONS TO YOUR NEEDS

Butterfield provides the advice and services your company

needs to operate efficiently in an international environment.

Cash Management

Internet Banking

Mutual Funds

Discretionary Portfolio Management

Letter of Credit Solutions

Treasury Services

Trust and Custody Services

…and an exceptional banking relationship.

Contact a Butterfield representative today and let us put

our knowledge of the captive insurance industry to work

for your company.

Butterfield Trust (Bermuda) Limited is licensed to conduct trust business by the Bermuda Monetary Authority. Butterfield Asset Management Limited is licensed to conduct investment business by the Bermuda Monetary Authority. Butterfield Trust (Cayman) Limited is licensed to provide trust services by the Cayman Islands Monetary Authority. Butterfield Bank (Cayman) Limited is licensed to conduct securities investment business by the Cayman Islands Monetary Authority.

This brochure does not constitute an offer or solicitation of products or services where prohibited by law. Our investment products and services are not available in the United States of America. Past performance is not indicative of future performance.

Complete Corporate Banking ser vices

Responsive Relationship Banking Butterfield carefully cultivates each customer relationship. Our commitment is to understand your business goals, then work closely with you to develop a strategic financial plan that improves your bottom line. You can be assured that our dedicated relationship managers are fully conversant with all facets of the captive insurance industry and its unique requirements.

Effective Cash Management In addition to call and chequing accounts and fixed-term deposits (CDs) in a variety of international currencies, we manage the Butterfield Money Market Fund offering competitive returns and capital preservation.

Our International Money Transfer (IMT) service provides a streamlined flow of cash between the corporate entity and its parent organisation, related parties and your service providers. Through our extensive network of correspondent banks, we provide accounts in all major currencies and can also supply corporate credit and debit cards, an efficient way of managing business expenses.

Secure Internet Banking Our online banking systems are secure, convenient browser-based interfaces that are simple to navigate. They offer multiple access points to view accounts, process transactions and export data to facilitate customised reporting.

Quality Investment Management Our investment management division offers a range of investment products and services, including Butterfield Mutual Funds. Butterfield investment managers have many

years of experience managing client assets. Located

in key financial centres, they communicate actively

to assess the changing economic environment and

develop strategies that meet your captive’s asset

management needs. Tailoring each portfolio to

specified risk and return parameters, we offer full

discretionary management and a range of mutual

funds including money market, fixed income, equity

and alternative investment strategies.

Letter of Credit Solutions Butterfield offers

customised and competitive Letter of Credit

solutions to meet the requirements of the captive

insurance industry. Our Letter of Credit product,

developed in partnership with highly rated onshore

financial institutions, is accepted by the National

Association of Insurance Commissioners (NAIC) to

secure obligations under insurance contracts.

Strategic Treasury Services Butterfield’s treasury

and capital markets group provides competitive

fixed-term deposits, from overnight to periods

beyond one year. Clients can access foreign

exchange markets for immediate or future-dated

conversions in all major currencies. Our treasury

professionals help clients customise hedging

strategies.

Reliable Trust & Custody Services Through our

Trust division, captive insurance companies have

the ability to hold investment portfolios in safe

custody while purchasing and selling securities on all

major markets. Our Trust and Custody services also

encompass the processing of stock dividends, rights

issues, corporate actions and income collection.

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