SAN FRANCISCO--(BUSINESS WIRE)--For the second consecutive year, Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), was named Best Insurance Broker in North America as part of Global Finance magazine’s 2015 Best Global Insurers awards program. Winners were selected based on responses from more than 1,500 readers around the world and a panel of reporters and editors from Global Finance.
“Wells Fargo Insurance is honored to receive this award from Global Finance,” said Laura Schupbach, head of Wells Fargo Insurance. “Insurance is a core business for Wells Fargo and we believe this award reflects our continued commitment to help our customers succeed financially by protecting what they value most. This recognition is also a testament to the talent and dedication of our team members who provide our customers with excellent advice and service.”
The survey focused exclusively on property and casualty insurance lines and did not address life and health insurance issues. Survey participants were asked to select insurers in each category based on the following criteria:
- Innovation/Creativity - the ability to develop and offer meaningful solutions to risk issues.
- Capacity, pricing and coverage terms.
- Financial security/stability as qualified by various ratings agencies where available, and buyer or insurance broker perceptions when ratings are not available.
- Reach - the availability of underwriting or service resources on the ground in areas where risks exist and coverage is provided.
- Service delivery, especially with respect to claims handling, but also in terms of pre-loss service capabilities, such as loss control.
“Businesses are under constant pressure to meet and respond to evolving and more complex exposures. They rely on their insurance industry partners to develop new solutions to support these efforts,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The organizations being honored have done the best job of meeting the widely varied needs of their clients around the world.”
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. Wells Fargo Insurance writes or places $10 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).
For more information on Wells Fargo Insurance visit www.wellsfargo.com/wfis.
About Wells Fargo & Company
Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.6 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 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 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 Wells Fargo Blogs and Wells Fargo Stories.