31.07.2008 13:00:00

Wells Fargo Adds Surety Team Leaders to Southern California Insurance Operations

Wells Fargo Insurance Services, Inc. announces the addition of co-practice leaders for the company’s surety practice in the Southern California Region. Teri Jackson and Pam Hummel will share responsibility for providing surety knowledge, technical and customer service support and business development assistance to five Southern Calif. offices. Jackson will be based in Los Angeles and Hummel will be based in Irvine. Both have a wide range of construction and surety industry experience and bring strong market relationships, wide ranging industry contacts and significant new business production experience to the Wells Fargo Insurance Services team. "We are very fortunate to be adding two leaders who are recognized within our industry and in the construction community as being at the top of their profession,” stated Sam Elliot, Managing Director of ABD/Wells Fargo Insurance Services Southern Calif. operation. "Both Teri and Pam will be instrumental in helping us grow our surety practice and better serve our customers.” Prior to joining Wells Fargo Insurance Services, Jackson was a senior vice president with Willis in Los Angeles. She has also held a variety of surety related executive and management positions at Jardine Lloyd Thompson Insurance Services, Hilb Rogal & Hobbs and Sedgwick of California, Inc. Prior to entering the surety business she spent 12 years as a paralegal and 6 years in the construction industry. Hummel was previously senior vice president and national surety practice leader with Beecher Carlson Insurance Services in Irvine. Another industry veteran, Hummel has also been in a variety of surety focused executive and management positions at a number of firms including Countrywide Insurance, Armstrong-Robitaille Insurance Services, Willis Insurance Service, AON Risk Services and Alexander & Alexander. Jackson and Hummel both play active, prominent roles within a number of associations and trade groups including the Associated General Contractors of California, Inc.; Construction Financial Management Association; Engineering Contractor’s Association; National Association of Surety Bond Producers, and the Surety Underwriters Association of Southern California. Wells Fargo Insurance Services, Inc. is the fifth-largest insurance brokerage and the largest bank-owned insurance brokerage in the United States, with more than 171 offices in 37 states. Its 5,200 insurance professionals place more than $11.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. For more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis. Wells Fargo & Company is a diversified financial services company with $595 billion in assets, providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores and the internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank, N.A. is the only bank in the U.S., and one of only two banks worldwide, to have the highest credit rating from both Moody’s Investors Service, "Aaa,” and Standard & Poor’s Ratings Services, "AAA.”

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