Wilmington Trust Newsroom

NEW YORK—Wilmington Trust, N.A. added Michael Ramsey as a client development officer for its Insurance Collateral Solutions team, part of the company’s Global Capital Markets division. He will be responsible for further developing the corporate large deductible trust business domestically, as well as the corporate captive trust business globally. He will assist on the reinsurance, retrocession, CAT bond, and insurance linked securities businesses. He will be based out of Wilmington Trust’s SoHo New York City office.

 
He has over 25 years of experience in sales and business development, including 11 years overseeing sales of insurance trust product. Prior to joining Wilmington Trust, Ramsey was a business development officer for Wells Fargo’s Collateral Trust Division, responsible for sales of insurance trust product in the U.S., Europe, Bermuda, the Caribbean, and the Pacific Rim.
 
“Having worked with Mike for years at a prior trustee, I am supremely confident in both his knowledge of the industry and ability to create value for his clients,” said Robert Quinn, head of client development for the Insurance Collateral Solutions team at Wilmington Trust.
 
“He is a welcome addition to our team,” said Todd Winchel, product leader for Wilmington Trust’s Insurance Collateral Solutions team. “Mike is one of the rare insurance trust professionals that understand both the trust concept, as well as the nature of the business driving the need for collateral. He understands all of the moving parts.”
 
Ramsey earned a bachelor’s degree from Washington State University. He is a frequent speaker at educations seminars and insurance conferences. He is also a decorated member of the U.S. Coast Guard Reserve.
 
He is based out of Wilmington Trust’s office located at 166 Mercer St., New York, N.Y., and can be contacted at 425-231-2447.