Wilmington Trust has appointed Michael Ramsey as client development officer for its insurance collateral solutions team, part of the company’s global capital markets division.
In his new role, Ramsey will be responsible for developing both the corporate large deductible trust business and the corporate captive trust business globally.
He will also assist with the reinsurance, retrocession, catastrophe bond and insurance-linked securities businesses.
Ramsey, who has over 25 years of experience in sales and business development, was previously business development officer for Wells Fargo’s collateral trust division.
Todd Winchel, product leader for Wilmington Trust’s insurance collateral solutions team, said Ramsey was a welcome addition to the team.
He stated: “Mike Ramsey 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.”
Robert Quinn, head of client development for the insurance collateral solutions team at Wilmington Trust, added: “Having worked with Ramsey 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.”
