SOURCE: Acordia, Inc.

October 11, 2006 10:41 ET

Acordia Names Steve Melnick, CIC, Managing Director for Its Boca Raton Office

CHICAGO, IL -- (MARKET WIRE) -- October 11, 2006 -- Acordia, Inc. has named Steve Melnick, CIC, Managing Director of Acordia's Boca Raton office. Melnick will be responsible for the office's growth and expansion.

Before joining Acordia, Melnick was a Senior Vice President and Marsh Advantage America Practice Leader for Southeast Florida. In 1981, he established an independent insurance agency that focused on professional liability, commercial property, and employee benefits. He sold his agency in 1995 and then joined Sedgwick in 1996. Prior to that, Melnick held senior sales representative positions in the insurance industry.

Melnick earned a bachelor of business administration degree from Florida Atlantic University in Boca Raton.

"I'm excited to announce Steve's role within Acordia," said Kevin Kenny, Senior Vice President and Regional Managing Director for Acordia's East Region. "Steve brings extensive brokerage experience and carrier knowledge which is critical in this market. We have enjoyed a rich history and tremendous success in South Florida. Steve joins a strong management team in Florida and will help guide our plans for growth."

About Acordia

Acordia, Inc., headquartered in Chicago, Ill., is the world's fifth largest insurance brokerage and the largest bank-owned insurance brokerage in the U.S., with over 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $8.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. Acordia is also a member of HLA Global Network. HLA Global, a partnership between London-based Heath Lambert Group and Acordia, Inc., serves as the international arm of Acordia.

Acordia is a subsidiary of Wells Fargo & Company, a diversified financial services company with $500 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet ( across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only bank in the United States to receive the highest possible credit rating, "Aaa," from Moody's Investors Service.

For more information about Acordia, visit or call 312.423.2531.

Contact Information

    Ellen M. Sievert
    Director of Communications
    Acordia, Inc.