SAN FRANCISCO--(BUSINESS WIRE)--Continuing to strengthen its senior leadership team, Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has named Steve Anderson managing director for the San Francisco Bay Area region, one of the company’s top markets for its Insurance business. Anderson will lead business development, cross-sell, and sales for Wells Fargo’s four insurance offices which serve business banking, middle market and large corporate banking as well as high net worth customers throughout the Bay Area. He is based in San Francisco, and will report to Sam Elliott, regional managing director for Wells Fargo Insurance's West region.
“The Bay Area is a very important market for Wells Fargo and our Insurance business. We have a tremendous opportunity to grow the business by working closely with the bank to serve more of our customers’ insurance needs,” said Elliott. “Steve will be a tremendous leader for the Bay Area region and I’m confident that our team members and customers will benefit from his extensive career at Wells Fargo and financial industry expertise.”
A 15-year company veteran, Anderson joins Wells Fargo Insurance from the Wells Fargo Corporate Banking group, where he recently served as the division head and executive vice president of the West region. Previously, he was regional vice president for the Pacific Northwest. Anderson also served in several leadership positions at Bank of America and Security Pacific Merchant Bank prior to joining Wells Fargo.
“I’m excited to take on this new role and be part of Wells Fargo Insurance,” said Anderson. “This provides a unique opportunity to expand the way we help our commercial and corporate customers succeed by meeting their financial as well as insurance and risk management needs. I look forward to working with our talented Bay Area team as we continue to strengthen Wells Fargo’s Insurance business.”
About Wells Fargo Insurance
Recently named Best Insurance Broker in the U.S. by Global Finance Magazine1, 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 $11 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products and also includes one of the nation’s leading crop insurance providers, Rural Community Insurance Services (RCIS).
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 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 mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 266,000 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.
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