Todd and Robert will be instrumental in further strengthening our position in the insurance and reinsurance marketplace.
NEW YORK (PRWEB) November 13, 2014
Todd Winchel and Robert Quinn joined Wilmington Trust’s Global Capital Market division to lead the Insurance Collateral Solutions business. Winchel will lead product management, and Quinn will manage client development efforts. They will be based in Wilmington Trust’s office in Manhattan.
“Together, Robert and Todd bring a keen awareness of collateral options,” said Jack Beeson, head of Wilmington Trust’s Global Capital Markets division. “Over the past 15 years they have demonstrated their devotion to their clients, and built strong reputations in the industry for both service and attention to detail. Todd and Robert will be instrumental in further strengthening our position in the insurance and reinsurance marketplace.”
Insurance and reinsurance trusts are alternative forms of collateral used to guarantee insurance transactions such as reinsurance, insurance linked securities, and corporate insurance, which include both captive and large deductible plans.
Winchel has over 25 years of institutional trust and custody experience, including 12 years of insurance trust experience. He helped establish and maintain thousands of trusts holding more than $100 billion in collateral. Winchel comes to Wilmington trust from Wells Fargo, where he was senior vice president in Corporate, Municipal, and Escrow Services. Previously, he was vice president of Corporate and Insurance Trust services at the Bank of New York.
He earned a Bachelor of Science in Business Administration from the State University of New York at Buffalo.
Winchel is based in Wilmington Trust’s office located at 166 Mercer St. in New York, and can be reached at (212)941-4406.
Quinn has been a noted leader in the alternative collateral field for over 15 years. Previously, Quinn was senior vice president of business development for Corporate, Municipal, and Escrow Services at Wells Fargo. Before that, he was vice president of business development for Corporate Trust at the Bank of New York. He played a key role in the establishment and success of client development efforts at both financial institutions.
He has delivered seminars on collateral alternatives to thousands of industry professionals worldwide, and is widely regarded as one of the foremost experts in the field. Quinn also served in the U.S. Army and U.S. Army Reserves, where he was awarded the National Defense Service Medal for his service in Operation Desert Storm and the Army Reserve Commendation Medal, respectively.
Quinn graduated with a bachelor’s degree in Business Administration from the University of Washington, and earned an MBA from Columbia Business School.
Quinn is also based in Wilmington Trust’s Manhattan office on Mercer Street, and can be contacted at
ABOUT WILMINGTON TRUST
Wilmington Trust’s Institutional Client Services (ICS) division offers institutional trustee, agency, asset management, retirement plan, and administrative services for clients worldwide who use capital markets financing structures. ICS is distinguished from many competitors by its status as a core business of Wilmington Trust, as well as the experience and expertise of its global staff, its multi-jurisdictional presence, and its reputation for superior service. ICS serves clients in more than 90 countries.
Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, private banking, and family office solutions designed to help high-net-worth individuals and families grow, preserve, and transfer wealth.
Wilmington Trust has offices throughout the United States and internationally in London, Luxembourg, Frankfurt, Dublin, Amsterdam, and Cayman Islands. Wilmington Trust is an M&T company. For more information, visit http://www.WilmingtonTrust.com.
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MEDIA CONTACT: Kent Wissinger, Wilmington Trust PR Manager (302)651-8758
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Investment services, wealth advisory, and corporate and institutional products and services are offered by Wilmington Trust Company, operating in Delaware only, and Wilmington Trust, N.A., a national bank. International corporate and institutional services are offered through our international affiliates. Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services. Loans, retail and business deposits, and other personal and business banking services and products are offered by M&T Bank, member FDIC.