Wells Fargo Insurance Names Tim Prichard Head of National Employee Benefits
World’s fifth largest broker also announces dedicated team for healthcare
SAN FRANCISCO -- September 5, 2013
As healthcare reform continues to alter the employee benefits landscape, Wells
Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), continues to
strengthen its national employee benefits division. The company announced
today that Tim Prichard is the new head of its National Employee Benefits
Practice and will report to Laura Schupbach, head of Wells Fargo Insurance.
Prichard will lead a nationwide team that provides insurance placement, health
and productivity risk management, benefits administration, and healthcare
“As our customers continue to navigate healthcare reform, we want to provide
them with the benefit resources and solutions they need,” said Schupbach.
“Employee Benefits is an increasingly important area for our customers and
Wells Fargo Insurance. I’m confident that with Tim’s extensive experience and
leadership, our business will grow as we provide more customers with effective
and competitive benefit plans.”
Prichard joined Wells Fargo Insurance in 2009 when BridgeStreet, a boutique
insurance and actuarial consulting company he co-founded, was acquired by the
company. Prior to founding BridgeStreet in 2004, Tim held national practice
leadership roles and managed regional sales teams for both insurance companies
and consulting firms. He received his bachelor’s degree in political science
from Texas A&M University.
“I’m excited to lead a practice that can have a big impact in helping our
customers succeed financially,” said Prichard. “Healthcare reform has made
benefits planning a larger financial decision, and Wells Fargo Insurance is
well suited to provide advice and insurance solutions that can help positively
impact a company’s financial health.”
Wells Fargo’s National Employee Benefits Practice includes 1,000 employee
benefit professionals across the country. The practice offers Wells Fargo
Insurance’s Health Care Reform Analyzer^1 service to help employers prepare
for the impact of healthcare reform.
Prichard succeeds Todd Renner who will remain with Wells Fargo Insurance as he
leads efforts to develop the company’s Healthcare Exchange Strategy. Renner
will report to Todd Wartchow, head of Wells Fargo’s Insurance Strategy and
Analytics team. Prichard and Renner will work jointly to bring together the
business’ broad and growing benefits capabilities for its customers.
For more information onWells FargoInsurance visitwww.wellsfargo.com/wfis.
About Wells Fargo Insurance
Wells Fargo Insurance^2 is the fifth largest insurance broker in the
world(Business Insurance, 2013). 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 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 (NYSE: 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 Health Care Reform Analyzer for Wells Fargo customers is powered by CHROME
Compass® technology under license from Benefit Harbor, LP and
^2 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 (Media)
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