Wells Fargo Buys iLeader

Wells Fargo & Company has acquired iLeader Risk Management Solutions, a single-office insurance brokerage located in Tampa. Terms of the transaction, which was finalized on Dec. 1, were not disclosed. Michael Ortoll, managing principal and CEO of iLeader, Barbara Hoffman, account executive, and Oriana Collins, account manager, will join Wells Fargo Insurance Services. Founded in 2005, iLeader provides risk management services and insurance brokerage solutions to industries such as healthcare, professional employee organization PEO/staffing, transportation, retail, hospitality and private equity.