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This is third win for Wilmington Trust in the Collateral Service Provider category in two years
LONDON—Wilmington Trust, N.A. was named “Collateral Service Provider of the Year” at the 2017 European & UK Captive Awards, organized by Captive Review magazine. Wilmington Trust’s Insurance Collateral Solutions team accepted the award at a ceremony held in London on Oct. 10.
This is the third time Wilmington Trust was awarded the top recognition in the Collateral Service Provider category in the past two years. The company received the award at the UK Captive Service Awards in March of this year, and at the US Captive Service Awards in August 2016.
“Our team has focused exclusively on insurance related trust accounts—keeping a keen eye on the needs of our customers, as well as those of the industry—for over 17 years,” said Robert Quinn, head of client development for the Insurance Collateral Solutions team at Wilmington Trust. “We are honored to be recognized again for our quality of service and dedication to the industry.”
Captive Service Award winners are selected by a panel of industry experts and captive owners. Service providers are judged on a number of factors including feedback and testimonials from industry professionals.
The Collateral Service Provider category is open to firms providing collateral service to U.K. and European owned captives. Judges evaluate various criteria including accessibility, customer care, client relations, and tailored services for clients. Judges also consider a firm’s business growth and increase of market share.
Wilmington Trust provides collateral trustee services for a wide variety of insurance, reinsurance, captive, and insurance-linked securities (ILS) clients within the United States and globally.