Wilmington Trust expands its trust services to insurance products

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Wilmington Trust has hired a team of corporate trust professionals to expand its ability to provide trust services for insurance products.

The Wilmington, Del.-based provider of institutional trustee, agency, and administrative services added the team to its Corporate Client Services (CCS) business.

The team, whose three members join Wilmington Trust from LaSalle Global Trust Services’ office in Troy, Mich., is headed by Bob Bockrath, who assumes leadership of trust administration for the insurance products area within CCS’ Capital Markets Group. Bockrath was with LaSalle for five years and Comerica Bank for 14 years prior.

He is joined by Bob Donaldson and Melissa Marion, both of whom worked with Bockrath at LaSalle and Comerica.

The team will establish a new Wilmington Trust office in Birmingham, Michigan.

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