Collateral Trust

Collateral trust services backed by the stability of Wells Fargo

Award-winning collateral trust services

We understand the challenges and costs associated with posting collateral. That's why we offer simple and comprehensive alternatives to letters of credit (LOCs) for your insurance and surety-related collateral requirements. It's also why our Corporate Trust Services' Collateral Trust team has been named the "Global Best Bank for Insurance Trusts" for three consecutive years in an annual survey of thousands of insurance and reinsurance executives worldwide.

The trust advantage

Our trust products provide immediate advantages for your business:

  • The trust is usually significantly less expensive than an LOC
  • The income from the trust is the property of the depositor
  • The assets in the trust generally remain on the books of the depositor
  • The trust is a widely accepted form of collateral in the insurance, captive, reinsurance, corporate deductible, and ILS industries
  • The draw-down characteristics are similar to those of an LOC
  • Unlike the LOC, the trust does not need to be renewed each year, eliminating the time and effort needed for the LOC renewal process
  • The trust can often replace multiple LOCs posted to the same carrier

Resources that support your business

Find the information you need to make effective business decisions. We offer authoritative articles, and other Collateral Trust resources. Our trust professionals are industry experts who can work with you to address your insurance and surety-related collateral needs.


Michael Ramsey, Vice President, Wells Fargo Collateral Trust

Mike has more than 20 years of experience in insurance, financial services sales, and management. He has established hundreds of trusts worth billions of dollars. Mike is a frequent speaker at industry events, and has delivered numerous educational seminars to thousands of insurance brokers, captive managers, risk managers, corporate treasury personnel, law firms, and consultants worldwide. Contact Michael at 425-446-2852 or


  • Collateral Service Provider of the Year, Captive Live London (2013 – 2014) 
  • Collateral Service Provider of the Year, Captive Live Chicago (2012) 
  • Global Best Bank for Insurance Trusts, Intelligent Insurer (2011 – 2014) 
  • U.S. – Insurance Trust Team of the Year, Acquisition Finance Magazine (2013 – 2014)