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SAN FRANCISCO--([ BUSINESS WIRE ])--Wells Fargo Insurance¹a" part of Wells Fargo & Company (NYSE: WFC) a" today announced that Kevin Ishizu has joined the divisionas Professional Risk Group to lead sales and service for the directors and officers insurance (D&O) product line. In his role, Ishizu, a senior vice president, will lead D&O insurance growth initiatives, as well as oversee technical support, risk identification and assessment, and claims management services. Based in San Francisco, Ishizu will report to Simon Hodge, head of the national Professional Risk Group at Wells Fargo Insurance.

"As companies and their corporate executives face increasing pressure from shareholders, regulators and other constituencies to better manage risk, itas absolutely critical that they successfully manage their directors and officers liability risk exposures"

With nearly 20 years of insurance brokerage experience in the D&O liability insurance industry, all of which has been spent in the Bay Area and focused on working with technology and life sciences industry clients, Ishizu joins Wells Fargo from Risk Placement Services. Prior to that, Ishizu was a senior managing director at Carpenter Moore / NASDAQ before starting an executive liability insurance practice for Barney & Barney.

aAs companies and their corporate executives face increasing pressure from shareholders, regulators and other constituencies to better manage risk, itas absolutely critical that they successfully manage their directors and officers liability risk exposures,a said Hodge. aKevin brings tremendous industry expertise, product knowledge and technical ability to this role. Iam confident his extensive background in this highly specialized area, combined with his outstanding relationship management skills, will greatly benefit our clients and the Professional Risk Group.a

The Professional Risk Group is a national practice dedicated to managing specialized management and professional liability insurance products. The group works with clients to identify risks and design cost-effective solutions to reduce liability and maximize protection.

About Wells Fargo Insurance

Wells Fargo Insurance² is the fifth largest insurance broker in the world(Business Insurance, 2012). With 160 offices in 36 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 7,200 insurance professionals of Wells Fargo Insurance write $20 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products.

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 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, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bankas customers who conduct business in the global economy. With approximately 265,000 full-time equivalent team members, Wells Fargo serves one in three households in United States. Wells Fargo & Company was ranked No. 26 on Fortuneas 2012 rankings of Americaas largest corporations. Wells Fargoas vision is to satisfy all our customersa financial needs and help them succeed financially.

¹Wells Fargo Insurance includes Wells Fargo Insurance Services USA, Inc. and Wells Fargo Insurance Services of West Virginia, Inc.

²Ranking includes Wells Fargo Insurance Services, USA, Inc., Wells Fargo Insurance, Inc., and Rural Community Insurance Company

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