Wells Fargo Insurance, part of Wells Fargo & Company, named Richard Colton head of its mergers and acquisitions industry practice. Based in New York, he will report to Peter Gilbertson, regional managing director for Wells Fargo Insurance’s Northeast region.Serving middle market and large corporate customers, including private equity firms, Wells Fargo Insurance’s mergers and acquisitions industry practice provides clients with insurance, risk, due diligence, and employee benefit services and solutions.
In his role, Colton will work closely with clients pursuing opportunities with private equity-related transactions, as well as lead related sales and growth initiatives, and operations.
Colton previously served as co-founder of Aon’s mergers and acquisitions group and was also former chairman of Lockton’s mergers and acquisitions group.
With 127 offices in 37 states, Wells Fargo Insurance provides services for a wide range of customers, including retail consumers, high net worth individuals, small businesses, as well as middle market and large corporate customers.
The 7,000 insurance professionals of Wells Fargo Insurance write or place $15 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products and also includes the nation’s largest crop insurance provider, Rural Community Insurance Services.
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