SAN FRANCISCO - July 24, 2012
Continuing to expand its leadership team and invest in resources to better serve its Bay Area customers, Wells Fargo Insurance – part of Wells Fargo & Company (NYSE: WFC) – has appointed Bob Volkel to lead its Bay Area operations. In his role, Volkel will lead the Insurance Brokerage and Consulting sales and service teams who offer a wide array of products, services and consulting in the areas of employee benefits, and property and casualty insurance. He will manage the San Francisco, Santa Clara, San Carlos, Scotts Valley and Walnut Creek offices across the Bay Area. Volkel will be based in San Carlos and report to Rich Lane, Regional Managing Director for Wells Fargo Insurance’s Northwest Region.
“The Bay Area is an extremely important market for Wells Fargo Insurance and we will continue to invest in the resources and talent to best serve our customers,” said Lane. “As we continue to enhance our business structure, we anticipate job growth that will create some outstanding career opportunities for a number of talented insurance professionals, both within and outside of Wells Fargo Insurance.”
“We are committed to growing our team and investing in strong talent like Bob who will support our continued growth in the region and within the industry as a whole,” added Lane. “Being part of Wells Fargo provides us with a tremendous market advantage that simply doesn’t exist elsewhere.” “I’m thrilled to have the opportunity to lead our Bay Area team,” said Volkel. “We have a tremendous number of talented, customer-focused team members who will continue to address our customers’ insurance needs and support our future growth in this very important market.”
Prior to his new role, Volkel was co-head of the national practice for Wells Fargo Insurance’s Executive Benefits and Retirement Plan Services. Before joining Wells Fargo, he was Executive Vice President and leader of the Employee Benefits Division of ABD Insurance and Financial Services.
Ranked the 5th largest broker in the world and part of Wells Fargo & Company, Wells Fargo Insurance has an unparalleled level of financial stability and depth of resources to serve both the financial and insurance needs of its customers. For more information on career opportunities with Wells Fargo Insurance, visit https://employment.wellsfargo.com
About Wells Fargo Insurance
Wells Fargo Insurance¹ is the fifth largest insurance broker in the world. With 160 offices in 36 states, Wells Fargo Insurance provides solutions 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 7,200 insurance professionals of Wells Fargo Insurance write $20 billion of risk premiums annually in property, casualty, benefits, international, personal lines and life products.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.