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TheStreet Open House

Wells Fargo Insurance Names Jon Lindstrom Managing Director For Colorado

Wells Fargo Insurance, part of Wells Fargo & Company (NYSE: WFC), has named Jon Lindstrom managing director for its Colorado offices. Lindstrom will lead business development, client service and sales, and cross-sell for the company’s insurance operations in Colorado. Based in Denver, he will report to Howard McClure, regional managing director for Wells Fargo Insurance's Southwest region.

"Jon brings extensive knowledge of this market and tremendous industry expertise to this role," said McClure. "Colorado is a very important market for Wells Fargo Insurance. I’m confident that under Jon’s leadership our business will grow as we continue to serve more of our customers’ insurance needs."

Lindstrom joined Wells Fargo Insurance in 2012 as a Commercial Bank sales executive in the Denver market. Prior to joining Wells Fargo, he worked at Arthur J. Gallagher, and also held various roles at Willis Group Holdings including vice president of business development and regional practice leader for the Real Estate Division. Lindstrom was also the founder of Lindstrom & Associates, Inc., a commercial brokerage firm based in the Denver Metro area. His areas of expertise include development and construction risk management as well as commercial distressed assets and portfolios.

Lindstrom has a bachelor’s degree in Ethics/Philosophy from Washington State University and received his MBA from Seattle Pacific University. He is also an executive board member at the Colorado Associate of Home Builders.

Wells Fargo Insurance’s Colorado region includes two offices and approximately 60 team members who provide insurance services to Wells Fargo’s business banking, middle market, large corporate, and high net worth customers in the region.

About Wells Fargo Insurance

Wells Fargo Insurance 1 is the fifth largest insurance broker in the world ( Business Insurance, 2012). With 127 offices in 37 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 7,000 insurance professionals of Wells Fargo Insurance write or place $15 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products and also includes the nation’s largest crop insurance provider, Rural Community Insurance Services (RCIS).

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 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 bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

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

Copyright Business Wire 2010

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