Wells Fargo Insurance Services announced today that Peter Daly and Tom Whitenight, both senior vice presidents from the company''s Redwood City, Calif. office, received Risk & Insurance''s 2010 "Power Broker" award in the pharmaceutical and technology categories, respectively.
Nearly 2,500 nominees serving 24 industry categories were considered for the award. In confidential interviews, risk managers were asked to cite specific examples of what their broker accomplished during 2009 to deserve the recognition. Risk managers provided specific descriptions of how their brokers solved different claims, coverage, or pricing issues for their customers.
"Peter and Tom''s success comes from anticipating the needs of their customers and delivering the best outcomes," said Rod Sockolov, managing director for Wells Fargo Insurance Services. "I am so pleased that their exceptional talents are recognized by their peers and customers. Congratulations to Peter and Tom and the teams that supported them in providing creative risk management solutions to customers."
As part of Wells Fargo Insurance Services'' technology division, Daly provides the direction for a team of risk management and insurance specialists who deliver brokerage services to customers. He has specialized throughout his career in biotech and medical device businesses while developing experience for the special needs in this market segment.
"While I am honored to receive this award, I want to make sure my team also is recognized for providing great service for our customers," said Daly. "Our staff delivers the highest quality service to our customers and it''s their daily contribution that makes our practice standout. We also work with customers who recognize the high standard to which we hold ourselves to and reward us by choosing to work with us for many years."
As part of Wells Fargo Insurance Services'' technology team, Whitenight is responsible for customer management, program design, and risk analysis for high technology and life science companies including software, hardware, semi/fabless semiconductor, and bio-tech/med-device companies.
"I am proud to be recognized as a 2010 Power Broker, but this award also belongs to the talented team of individuals whose work helped to achieve this great recognition," said Whitenight. "The customer-centric focus of our technology risk management team is unparalleled in the industry, and we appreciate the opportunity to work with many of the best and brightest technology companies."
About Wells Fargo Insurance Services
Wells Fargo Insurance Services USA, Inc. is the fourth-largest insurance brokerage and the largest bank-owned insurance brokerage in the United States, with more than 200 offices in 37 states. Its 8,200 insurance professionals place more than $15.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products. For more information about Wells Fargo Insurance Services, visit www.wellsfargo.com/wfis.
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Contacts:
Wells Fargo Insurance Services
Katie Ellis, 415-222-3767 (Media)