Wells Fargo Insurance Services News

USI Completes Acquisition of Wells Fargo Commercial Insurance Business

USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co. This purchase includes the commercial insurance brokerage and consulting, employee benefits and property/casualty insurance national practices of …

EPIC Adds New Brokerage Team in Pittsburgh

EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has opened operations in Pittsburgh, Penn., with the hiring of Sean Andreas, Al Dragotto, Kurt Karstens, Pete Kostorick, Sally Krauss, Zach Mendelson, Phil Wakim, …

USI Wins Competition to Acquire Wells Fargo Insurance Businesses

Wells Fargo is selling its commercial insurance business to national brokerage USI Insurance Services. USI said it has agreed to acquire Wells Fargo Insurance Services USA that includes commercial insurance brokerage and consulting, employee benefits and property/casualty national practices, along …

Wells Fargo Weighing Sale of Insurance Brokerage Business: Bloomberg

Wells Fargo & Co. is weighing a sale of its insurance brokerage business, which could fetch about $2 billion, people familiar with the matter said. The San Francisco-based lender has begun reaching out to private equity firms to gauge interest …

Wells Fargo Insurance Expands in Midwest; Announces New Regional Leadership Team

Wells Fargo Insurance, part of Wells Fargo & Co. announced three new leaders to its Midwest team. Barton Bates, Tony Evans and Stephen Zimmer will join the Midwest insurance team as the company continues to grow its property and casualty, …

Wells Fargo Insurance Launches Intellectual Property Financial Protection Products

Wells Fargo Insurance, part of Wells Fargo & Co. has launched two new insurance products from its Professional Risk Group, Intellectual Property Risk Mitigation Practice (IPRMP): revENSUREand ANDAfend. “Both products were designed to protect a company’s expected revenues from legal …

Preparis, Wells Fargo to Provide Emergency Preparedness Services to Businesses

Preparis, a web and mobile emergency preparedness services for businesses, has signed a strategic alliance with Wells Fargo Insurance. As a part of the alliance, Wells Fargo Insurance customers will have complimentary access to Preparis’ suite of emergency preparedness resources …

McClure Named Managing Director at Wells Fargo Insurance Southwest

Wells Fargo Insurance — part of Wells Fargo & Co. — named Howard McClure regional managing director for its Southwest operations. He is based in Dallas and reports to Kevin Kenny, head of Wells Fargo’s Insurance Brokerage and Consulting group. …

O’Keefe Named Managing Director for Wells Fargo Insurance in Carolinas

Wells Fargo Insurance has named Suzanne O’Keefe senior vice president and managing director for its operations in the Carolinas. She will be based in the company’s Raleigh, N.C. office. She will also be responsible for the company’s operations in Greensboro, …

Wells Fargo Insurance Appoints New Executive For Philadelphia Region

Wells Fargo Insurance Services — part of Wells Fargo & Company — appointed Joseph Cathcart as managing director for its Philadelphia operations. In his role, Cathcart will oversee all operations for the regional offices, including sales and client service, market …