Wells Fargo Insurance Names Alan Boring Managing Director for Sherman Oaks

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Wells Fargo Insurance Names Alan Boring Managing Director for Sherman Oaks

30-year industry veteran will focus on cross-sell and sales growth

LOS ANGELES--(BUSINESS WIRE)-- Continuing to serve the specialized insurance needs of its greater Los Angeles customers, Wells Fargo Insurance, part of Wells Fargo & Company (NYS: WFC) , named Alan Boring senior vice president and managing director for its Sherman Oaks office. Boring will lead the office's business development, client service and sales, and cross-sell strategy for the company's regional insurance operations. Based in Sherman Oaks, he will report to Sam Elliott, regional managing director for Wells Fargo Insurance's West region.

"I am very pleased to announce Alan's promotion to managing director of Sherman Oaks," said Elliott. "His company experience and extensive relationships with the greater Los Angeles business and risk management community will be an asset to our business as we continue to expand our capabilities and services in this very important market."

With more than 30 years of industry experience in the insurance brokerage and large-account client service sectors, Boring joined Wells Fargo Insurance in 2008. Most recently, he served as senior vice president and client executive focusing on global manufacturers and distributors, as well as public sector and power generation clients. He also has experience with food systems and agribusiness, precision metal fabrication, financial institutions, bio-technology, wholesale distribution and real estate management/development. Prior to joining Wells Fargo Insurance, Boring was senior vice president at Aon Risk Services. He began his career at CIGNA's Special Risk Facility in Los Angeles and later became a risk management broker at Marsh, Inc.

Boring received his bachelor's degree in Business Administration from the University of Southern California, and has an Associate in Risk Management (ARM) designation.

Wells Fargo Insurance's Sherman Oaks office is made up of 77 team members who provide risk management and insurance services to middle market, large corporate, multi-national and high net worth customers.

About Wells Fargo Insurance

Wells Fargo Insurance1 is the fifth largest insurance broker in the world (Business Insurance, 2013). With 127 offices in 36 states including D.C., 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 7,000 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 (RCIS).

About Wells Fargo & Company

Wells Fargo & Company (NYS: WFC) is a nationwide, diversified, community-based financial services company with $1.4 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, and 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 more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2013 rankings of America's largest corporations. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at blog.wellsfargo.com.

1 Ranking includes Wells Fargo Insurance Services USA, Inc., Wells Fargo Insurance Services of West Virginia, Inc., Wells Fargo Insurance, Inc., and Rural Community Insurance Company

Wells Fargo & Company
Angenette Lau, 415-396-9904
Twitter: @AngenetteLauWF

KEYWORDS:   United States  North America  California


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