Tuesday, November 23, 2010

Wells Fargo Insurance buys BridgeStreet Consulting - San Francisco Business Times:

shemwellmygalej1291.blogspot.com
the fast-growing insurance arm of , has acquirefd Walnut Creek-based , an employee benefits consulting firm that also has officee in Houstonand Seattle. Terms of the transaction were not Wells FargoInsurance Services, now linkedf with after Wells Fargo’s WFC) Dec. 31 acquisition of , is the fifth-largesgt insurance brokerage and thelargest bank-owne d insurance brokerage in the United States, Wellw says. It has more than 200 branches in37 states. BridgeStreett is a national employee benefits administration and consulting firm with abouty adozen employees. It handles approximately $250 million in insuranc premiums annually for its according to principalTim Prichard.
Founded by Pricharf and co-principal Rob Combi, it specializes in customized employee benefig services forlarge employers, including absence group insurance and special risk Its clients include Fortune 1000 companies, large health-cares companies and public entities nationwide. About 10 of BridgeStreet’s staffers will remaim with the company, according to Wellse spokeswomanRichele Messick.

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