10.09.2008 10:00:00

Wells Fargo Adds David Carroll as Senior Vice President, West Region Property Insurance Practice Leader

Wells Fargo Insurance Services, Inc. announces the addition of David Carroll as senior vice president and west region property practice leader, based in Redwood City, CA. Mr. Carroll will be responsible for coordinating and managing all property related risk management and insurance services provided to Wells Fargos Insurance customers across the west region (Alaska, Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah and Washington).

Carroll will work directly with large Wells Fargo customers and their sales and service teams, providing technical assistance, advise and support in the analysis, structure and marketing of complex property insurance placements. An engineer and experienced property claims adjuster, Carroll will also assist the risk control, property engineering and claims consulting teams in risk analysis, loss prevention and the management and resolution of significant property insurance losses.

Carroll joins Wells Fargo Insurance Services from Willis Risk and Insurance Services where he was senior vice president and property practice leader for their Willis Risk Solutions unit in San Francisco. Prior to Willis he held a variety of executive and leadership positions at Marsh Risk and Insurance Services. Carroll began his career with the Factory Mutual Engineering Association.

"David brings to Wells Fargo a unique blend of property risk management, engineering and claims management experience, stated Rod Sockolov, managing director of the Wells Fargo Insurance Services Redwood city-based Technology Division and Commercial Specialties Practice, whom Carroll reports to. "His hiring is further evidence of Wells Fargos commitment to providing state of the industry solutions to our customers. We are excited to welcome David into our organization and look forward to the added creativity, technical knowledge and advocacy he will contribute across the west.

Carroll attended Auburn University in Auburn, Alabama where he earned a B.S. in chemical engineering.

Wells Fargo Insurance Services, Inc. (wellsfargo.com/wfis) is the fifth-largest insurance brokerage in the world with 171 offices in 37 states. Its 7,200 insurance professionals place $11.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products.

Wells Fargo & Company is a diversified financial services company with $609 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 elsewhere 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 Moodys Investors Service, "Aaa, and Standard & Poors Ratings Services, "AAA.

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