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Wilmington Trust Captive and Alternative Risk Website

Wilmington Trust Corporation
Rodney Square North
1100 North Market Street
Wilmington, DE 19890-0001




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Wilmington Trust Names Director of Captive Management Services

Media Contact:

Bill Benintende
Wilmington Trust
302-651-8268
wbenintende@wilmingtontrust.com

Rebecca DiPietroWilmington, DE, July 1, 2008 – Wilmington Trust announced that Rebecca A. Di Pietro, CPA, has been named director of its captive insurance management services office in Charleston, South Carolina.

Ms. Di Pietro is responsible for managing the bookkeeping, regulatory reporting, and other administrative functions that Wilmington Trust performs for captive insurance companies through its office in Charleston. She also oversees Wilmington Trust’s team of captive insurance management professionals there. Ms. Di Pietro reports directly to Patrick Theriault, managing director of Wilmington Trust Captive Management Services.

“We are thrilled to have such a proven and experienced captive management leader join our team,” Mr. Theriault said. “We look forward to Becky’s positive contribution to our captive management program in South Carolina and throughout the many jurisdictions in which we manage captive insurance companies.”

Prior to joining Wilmington Trust, Ms. Di Pietro served as deputy managing director with Aon Insurance Managers in North Charleston, South Carolina. Previously, she held several financial management and leadership positions, including corporate controller, assistant treasurer, and manager of accounting operations for industrial companies with operations in South Carolina, New Jersey, and Pennsylvania.

Ms. Di Pietro holds an MBA from St. Joseph’s University and a bachelor’s degree in Accounting from Alvernia College. She is a member of the American Institute of Certified Public Accountants (AICPA), the Pennsylvania Institute of Certified Public Accountants, and the South Carolina Association of Certified Public Accountants.

Captive insurance companies are insurance companies that are owned by the organization(s) they insure. Typically formed by organizations that wish to better manage the cost and administration of their insurance coverage, captive insurance companies require ongoing administrative services. Wilmington Trust provides these captive management services through offices in Delaware, Nevada, South Carolina, Vermont, and the Cayman Islands, which are among the most popular locations for captive insurance company operations. Wilmington Trust Captive Management Services is part of Wilmington Trust’s Corporate Client Services (CCS) business. CCS is a leading provider of institutional trustee, agency, administrative, and investment management services for corporations worldwide that seek to conduct business in advantageous jurisdictions throughout the United States, Europe, and the Caribbean.

Wilmington Trust Corporation (NYSE: WL) is a financial services holding company that provides Regional Banking services throughout the mid-Atlantic region, Wealth Advisory Services for high-net-worth clients in 36 countries, and Corporate Client Services for institutional clients in 86 countries. Its wholly owned bank subsidiary, Wilmington Trust Company, which was founded in 1903, is one of the largest personal trust providers in the United States and the leading retail and commercial bank in Delaware. Wilmington Trust Corporation and its affiliates have offices in Arizona, California, Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam.

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