Wells Fargo Insurance Announces New Bay Area Practice Leaders

Wells Fargo Insurance Announces New Bay Area Practice Leaders

Industry veterans named to lead Life Sciences, International and Semiconductor insurance practices

SAN FRANCISCO--(BUSINESS WIRE)-- To better meet the specialized insurance needs of its Bay Area customers, Wells Fargo Insurance, part of Wells Fargo & Company (NYS: WFC) , has named Frank Ross, Rod Okimoto and Shalini Ati as head of its Life Sciences, International and Semiconductor insurance practices, respectively.

Wells Fargo's Bay Area Insurance team is focused on growing the company's property and casualty, employee benefits and private risk management services in the market. With five offices and approximately 285 team members, the team serves the insurance needs of Wells Fargo's existing business banking, middle market, large corporate, and high net worth customers.

"Wells Fargo Insurance is one of the largest insurance brokers in the Bay Area, and we will continue to promote the best professionals in the business to bring excellent service to our clients and serve all of their insurance needs," said Bob Volkel, head of Bay Area Operations. "These appointments also support our goals to enhance our industry expertise, expand customer reach, and drive long term growth."

Frank Ross will now lead the region's Life Sciences Practice group, managing life science growth initiatives, technical support, risk identification and assessment, and claims management services. The Life Sciences Practice group is a national practice dedicated to managing specialized insurance products specific to the biotechnology and pharmaceutical industries. Based in San Francisco, Ross reports to Roland Graham-Helwig, head of the Bay Area Risk Management group. He joined Wells Fargo in 2003 as head of Wells Fargo Insurance Services Technology Practice group.

Rod Okimoto will now serve as the Semiconductor Practice Leader for the region, overseeing Bay Area-based global technology companies. The Semiconductor Practice group provides risk management insurance solutions for the manufacturing industry. Okimoto is based in San Carlos, and also reports to Graham-Helwig. He joined Wells Fargo in 2011 as part of the Technology Practices team.

Shalini Ati will lead the International Practice team, responsible for supporting Wells Fargo's multinational clients in the Northwest Region, including the Bay Area. Based in San Carlos, Ati joined Wells Fargo is 2011 and reports to Celine Hannon, commercial lines manager.

About Wells Fargo Insurance

Wells Fargo Insurance¹ is the fifth largest insurance broker in the world (Business Insurance, 2012). With 127 offices in 37 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 insurance professionals of Wells Fargo Insurance write $15 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products.

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, 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 265,000 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.

¹Ranking 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
Angenette.m.lau@wellsfargo.com

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