Allstate International Assignments Ltd. (AIA) is a special purpose corporation formed for the purpose of accepting periodic payment obligations. These periodic payment obligations include employment litigation settlements, compromised Workers’ Compensation claims and Structured Sale transactions, among others. It is a resident of Barbados, and its transactions are regulated and governed by the Taxation Treaty between the United States and Barbados.   

AIA is physically located at Chancery House, High Street, Bridgetown, St. Michael, Barbados BB11128.  There are currently two full time employees.  

Ward, Patel & Company, Chartered Accountants, conduct independent annual financial audits of AIA, which are reviewed, verified and approved by AIA’s Board of Directors.  AIA is similarly audited for Sarbanes Oxley compliance purposes twice annually.

AIA is governed by a prestigious Board of Directors, whose members are currently as follows: 

• Tim Vander Pas
• Dr. Trevor A. Carmichael
• Sir Stephen Emtage
• Neville Smith
• Jacqueline Rose Marie Chacko

AIA currently utilizes the Royal Bank of Canada (RBC) as its primary bank. RBC trades as RY on the New York Stock Exchange, and its subsidiaries operate under the name RBC Financial Group. RBC is one of the largest banks in North America as measured by assets and market capitalization and a leading diversified financial services companies. It has over 60,000 employees in 1,433 branches and operates in 30 countries around the world.   

AIA is registered with the Internal Revenue Service and has been issued U.S Tax ID Number is 98-0445446.

Board Members