Wells Fargo's Tim Prichard Recognized As Insurance Industry Employee Benefits "Power Broker"

"Our core strength as an organization comes from the knowledge, experience, and effectiveness of individual team members and I am especially delighted when their exceptional talents are recognized by their peers, by others in our business, and in particular, by our customers," said Dennis Donahue, managing director, employee benefits, for Wells Fargo Insurance Services. "Tim is very deserving of this award."

Prichard co-founded BridgeStreet Consulting Group with a focus on providing highly customized life, accident and absence management solutions for large employers. Prichard recently combined forces with Wells Fargo Insurance Services in March of this year and moved into the role of managing director and national practice leader for group insurance. In addition to his customer responsibilities, his role is to grow the practice nationally expanding offices while leveraging the Wells Fargo network.

"The Power Broker recognition is a true reflection of the outstanding team work our Absence Management Group performs for our customers on a daily basis," said Prichard. "We are fortunate to have great customers committed to improving the employee benefit process, and are challenged everyday to develop creative ways to improve the increasing complex leave and disability demands of employers. We are honored to be recognized along side our Wells Fargo Insurance Services colleagues."

More than 100 nominees serving four industry groups were considered for this honor by the staff of Risk & Insurance magazine. In confidential interviews, key employee benefit managers were asked to cite specific examples of what a broker accomplished during 2008 to deserve recognition. Employee benefit managers gave specific descriptions of how particular brokers solved different claims, coverage, or pricing issues for their customers.

About Wells Fargo & Company

Wells Fargo Insurance Services, Inc., along with Wachovia Insurance Services, is the fifth-largest insurance brokerage and the largest bank-owned insurance brokerage in the United States, with more than 200 offices in 37 states. Its 9,600 insurance professionals place more than $15.5 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 $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 11,000 stores, over 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.

Wells Fargo
Susan Stanley, 415-947-3994