Michael Ramsey Joins Wilmington Trust as a Client Development Officer for the Insurance Collateral Solutions Team

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Ramsey will be responsible for further developing the corporate large deductible trust business domestically, as well as the corporate captive trust business globally.

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.

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.

ABOUT WILMINGTON TRUST
Wilmington Trust, N.A. provides Corporate and Institution services including institutional trustee, agency, asset management, retirement plan services, and administrative services for clients worldwide who use capital markets financing structures. The corporate and institutional division 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 and its multi-jurisdictional presence.

Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, and family office solutions designed to help high-net-worth individuals and families grow, preserve, and transfer wealth.

Wilmington Trust has clients in all 50 states and in more than 90 countries, with offices throughout the United States and internationally in London, Dublin, and Frankfurt. For more information, visit http://www.WilmingtonTrust.com.

MEDIA CONTACT: Kent Wissinger, Wilmington Trust Communications Manager (302)651-8758

Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank and certain other affiliates, provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other services. International corporate and institutional services are offered through Wilmington Trust Corporation's international affiliates. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.

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