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Wells Fargo Insurance announces new acquisition

Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Company, has acquired the assets of Char Clark Associates.

Wells Fargo has said that the acquisition adds to its diversified presence in Washington State – now a total of 4,300 team members across the region, serving customers from 147 banking stores and five insurance brokerage offices.

Char Clark Associates provides group and individual health, life, disability, dental and vision coverages – focusing on the employee and executive benefit needs of customers ranging in size from one to several hundred employees.

Dave Zuercher, president, chairman and CEO of Wells Fargo Insurance Services, said: We’ve grown to become one of America’s largest insurance brokerage companies by combining our national resources with great local agencies like Char Clark Associates. We’ll continue to look for agency acquisitions that advance and strengthen our vision, values and geographic interests across the country.