Wells Fargo Insurance Reports Hiring Spree

Wells Fargo Insurance said it has hired more than 100 professionals in recent months as it seeks to grow and improve customer service.

“Continuing to invest in talent is critical to the success of our business and remains a top priority,” said Laura Schupbach, head of Wells Fargo Insurance.

Wells Fargo Insurance has 5,200 employees in its Insurance Brokerage and Consulting (IBC) and Personal and Small Business Insurance (PBSI) service businesses. Since May, the business has been hiring individuals for a number of roles including regional market executives, national practice leaders and business development officers. The new hires include 60 commercial lines sales and account executives and 35 personal lines business developers.

The new hires include professionals from Marsh, AXA Art, Chubb, CNA, The Hartford, AIG, Lockton, QBE, other Wells Fargo businesses and other insurance firms.

IBC provides middle market, large corporate and high net worth clients with risk management services, including property/casualty, professional risk, employee benefits and private risk. IBC also provides specialization in industries such as real estate, health care, energy, and hospitality as well as targeted insurance programs through Safehold Special Risk. The company said its IBC division has hired 60 account and sales executives and commercial and employee benefits line managers since May. In addition, other recent IBC hires in regional brokerage management include:

Recent IBC hires in national practices include:

The Personal and Small Business Insurance (PSBI) provides retail and small business customers with access to personal and business insurance products including auto, home, umbrella, renters and small business insurance. The unit has hired 35 business development officers since May. These employees develop sales strategy, goals and objectives for cross-selling with all lines of insurance. Other recent PSBI hires include:

Source: Wells Fargo Insurance