SOURCE: Acordia, Inc.

August 22, 2005 12:04 ET

Acordia, Inc. Names Alan F. Thomas Vice President, Business Development Officer of its Midwest Region

CHICAGO, IL -- (MARKET WIRE) -- August 22, 2005 -- Acordia, Inc., a Wells Fargo Company, is pleased to announce that Alan F. Thomas has accepted the position of Vice President, Business Development Officer of Acordia's Midwest Region. In his new role, Thomas' primary function will be to capitalize on cross-sell opportunities between Acordia and Wells Fargo through strengthening relationships with the Wells Fargo Bank Business Units.

Most recently, Thomas held the position of Vice President, Dedicated Acordia/Wells Fargo Producer where he facilitated cross-sell activities across multiple divisions and locations of Wells Fargo in Minnesota and Wisconsin and was directly responsible for over $200,000 of new business production in an 18-month period.

Prior to joining Acordia, Thomas worked on the insurance company side of the equation as an underwriting director and underwriter. He has underwritten, negotiated and structured insurance programs for thousands of companies ranging from Fortune 500 companies to main street organizations. His extensive underwriting background allowed him to locate and eliminate coverage gaps and to recommend unique and cost effective insurance solutions.

"I'm excited to announce Al's new role within Acordia," said Daniel J. Goldapp, Regional Managing Director for Acordia Midwest. "Al's customer relationships as well as his insurance experience and knowledge will be a key benefit to the Midwest region."

Thomas received his bachelor's in finance and management from the University of Wisconsin - Stevens Point. He is currently pursuing his CPCU (Chartered Property and Casualty Underwriter) and ARM (Associate in Risk Management) designations.

Acordia and Wells Fargo

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 $436 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.

Contact Information

    Ellen Sievert
    Director of Communications
    Acordia, Inc.