Ridge Capital Group, which originates premium finance loans on life-insurance contracts for high-net-worth individuals, has promoted Jimmy Trujillo to vice president.

Mr Trujillo, who formerly served as the company’s marketing director, has been tapped to manage and streamline day-to-day operations, cultivate and sustain distribution relationships, and maintain and promote insurance carrier relationships.

Additionally, he will use his experience to expand the distribution of Ridge Capital Group’s product lines and develop new products to meet consumer, producer and insurance carrier demands.