Master Escrow Service Agreement (MESA)
A master escrow services agreement is established between a provider and TVPX which allows TVPX as the escrow agent to enter into transaction specific escrow agreements to handle the sale/ purchase of a particular policy. Specific escrow services may include the following:

  • Purchase funds depository and funds verification
  • Establishment of sub-account for each individual policy – policies and funds are not commingled
  • Safekeeping of collateral packages
  • Execution of policy documentation as needed
  • Verification of policy ownership transfer
  • Payment of purchase proceeds to seller and other parties as directed
  • Collateral packages forwarded to purchaser
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