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U.S. Bank Institutional Trust & Custody: Insurance Industry Experts I N S T I T U T I O N A L T R U S T & C U S T O D Y John G. Harrington Senior Business Development Officer IASA Chapter Officer, 2005 – Present (Mid-South & Indiana) 513-639-6351 office 513-417-0922 mobile john.harrington@usbank.com
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2 U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference Insurance Industry Expertise Insurance assets: $80 billion, representing 380 Companies Industry specific interfaces (i.e., Sungard iWorks, CAMRA, Clearwater Analytics, Eagle, etc.) Back-Office services for several State Insurance Commissioners Dedicated & Experienced Relationship Managers Approved Statutory Assets in 30 States! Focus on “Middle market”
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3 U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference Client-Centric Philosophy PLUS Industry Expertise Scale AND Dedicated Relationship management teams $974 Billion AUA - 6th largest U.S. custodian 3 29 Coast-to-coast offices Offer a full range of integrated products On-line tools provide robust reporting Customize your reports Over 2,500 client relationships 1 42,000 accounts 2 Focus on “middle market” U.S. Bank: Top 50 “Most Stable Banks in the World” (Global Finance Magazine) “The transition to U.S. Bank was smooth. We have continued to receive the same level of service with no change in personnel, which made it easy for us to go about business as usual.” Leslie McCoy Chief Marketing Officer Atlanta Life Financial Group 1. IT&C Trust System as of 1/05/2011 2. IT&C Trust System as of 8/31/2010 3. FDIC Call Report Data as of November 2010
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4 U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference Top Custodians (Ranked by Assets Under Administration)
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5 U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference Western Region Approved Statutory Assets in 30 States Statutory Deposits – 30 States (not shown: Alaska & PR) Pending: Illinois General assets: All States Approved
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6 U.S. BANK I N S T I T U T I O N A L T R U S T & C U S T O D Y 2011 FSI Annual Client Conference Summary Insurance Expertise: $80 billion AUA, 380 Companies Consolidate your Statutory Deposit accounts under one bank: U.S. Bank Large, Stable Bank Committed to custody sector John G. Harrington Senior Business Development Officer IASA Chapter Officer, 2005 – Present (Mid-South & Indiana) 513-639-6351 office 513-417-0922 mobile john.harrington@usbank.com
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