CHICAGO--(BUSINESS WIRE)--Jul. 14, 2008
Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Company
(NYSE: WFC), said it has become the exclusive manager of the HLA Global
Network, now known as the Wells Fargo Global Broker Network. The Network
has 10,000 insurance and risk management professionals serving customers
from 330 offices across 70 countries, and provides insurance brokerage
services in 115 countries. This name change is designed to strengthen
the network’s global identity under the Wells
Fargo brand and help expand the delivery of international insurance and
risk management services and solutions to Wells Fargo Insurance Services
customers around the world.
“Wells Fargo’s
widely known and highly trusted brand, as well as our company’s
considerable financial strength, depth of resources and leadership, will
help network members around the world to better serve our customers,”
stated Dave Zuercher, head of Wells Fargo’s
International and Insurance Services businesses. “This
repositioning and rebranding will help us make further progress toward
our vision of helping satisfy all our customers’
financial needs and helping them succeed financially.”
Leading the Wells Fargo Global Broker Network is Bruce M. Basso, former
co-chairman of ABD Insurance and Financial Services (now a part of Wells
Fargo Insurance Services), who has been appointed President and CEO of
Wells Fargo Global Broker Network, LLC. Basso will join Dave Zuercher —
now chairman of Wells Fargo Global Broker Network —
Scott Isaacson, Grahame Weatherley and Frank Witthun as a member of the
board of directors of Wells Fargo Global Broker Network LLC. Completing
the new leadership and management structure is Deanna Hyndley, the
network’s marketing and compliance manager.
“We believe that there are four key
characteristics responsible for global program effectiveness:
flexibility, collaboration, communication and responsiveness,”
said Grahame Weatherley, Chief Operating Officer of the Wells Fargo
Global Broker Network. “These are the
hallmarks of a successful international network. Our abilities in each
of these key areas and the value our customers will receive as a result
are significantly strengthened by this commitment from Wells Fargo and
the reorganization of network management and leadership.”
For additional information on the Wells Fargo Global Broker Network,
please visit www.wfgbn.wellsfargo.com.
Wells Fargo Insurance Services, Inc. is the fifth-largest insurance
brokerage and the largest bank-owned insurance brokerage in the United
States, with 170 offices in 37 states. Its 5,200 insurance professionals
place $11.5 billion of risk premiums with expertise in property,
casualty, benefits, international, personal lines and life products. For
more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.
Wells Fargo & Company is a diversified financial services company with
$595 billion in assets, providing banking, insurance, investments,
mortgage and consumer finance through almost 6,000 stores and the
internet (wellsfargo.com) across North America and internationally.
Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two
banks worldwide, to have the highest credit rating from both Moody’s
Investors Service, “Aaa,”
CONTACT: Wells Fargo Insurance Services
Dave Hock, Corporate Communications,
650-839-6244 (Media)
dwh@abdi.com
Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Company
(NYSE: WFC), said it has become the exclusive manager of the HLA Global
Network, now known as the Wells Fargo Global Broker Network. The Network
has 10,000 insurance and risk management professionals serving customers
from 330 offices across 70 countries, and provides insurance brokerage
services in 115 countries. This name change is designed to strengthen
the network’s global identity under the Wells
Fargo brand and help expand the delivery of international insurance and
risk management services and solutions to Wells Fargo Insurance Services
customers around the world.
“Wells Fargo’s
widely known and highly trusted brand, as well as our company’s
considerable financial strength, depth of resources and leadership, will
help network members around the world to better serve our customers,”
stated Dave Zuercher, head of Wells Fargo’s
International and Insurance Services businesses. “This
repositioning and rebranding will help us make further progress toward
our vision of helping satisfy all our customers’
financial needs and helping them succeed financially.”
Leading the Wells Fargo Global Broker Network is Bruce M. Basso, former
co-chairman of ABD Insurance and Financial Services (now a part of Wells
Fargo Insurance Services), who has been appointed President and CEO of
Wells Fargo Global Broker Network, LLC. Basso will join Dave Zuercher —
now chairman of Wells Fargo Global Broker Network —
Scott Isaacson, Grahame Weatherley and Frank Witthun as a member of the
board of directors of Wells Fargo Global Broker Network LLC. Completing
the new leadership and management structure is Deanna Hyndley, the
network’s marketing and compliance manager.
“We believe that there are four key
characteristics responsible for global program effectiveness:
flexibility, collaboration, communication and responsiveness,”
said Grahame Weatherley, Chief Operating Officer of the Wells Fargo
Global Broker Network. “These are the
hallmarks of a successful international network. Our abilities in each
of these key areas and the value our customers will receive as a result
are significantly strengthened by this commitment from Wells Fargo and
the reorganization of network management and leadership.”
For additional information on the Wells Fargo Global Broker Network,
please visit www.wfgbn.wellsfargo.com.
Wells Fargo Insurance Services, Inc. is the fifth-largest insurance
brokerage and the largest bank-owned insurance brokerage in the United
States, with 170 offices in 37 states. Its 5,200 insurance professionals
place $11.5 billion of risk premiums with expertise in property,
casualty, benefits, international, personal lines and life products. For
more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.
Wells Fargo & Company is a diversified financial services company with
$595 billion in assets, providing banking, insurance, investments,
mortgage and consumer finance through almost 6,000 stores and the
internet (wellsfargo.com) across North America and internationally.
Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two
banks worldwide, to have the highest credit rating from both Moody’s
Investors Service, “Aaa,”
CONTACT: Wells Fargo Insurance Services
Dave Hock, Corporate Communications,
650-839-6244 (Media)
dwh@abdi.com