Wells Fargo Insurance Services said it plans to expand its presence in the Philadelphia region with the naming of a former Willis regional manager.
Joe Valerio was named managing director of Wells Fargo Insurance Philadelphia office. The broker said Mr. Valerio will be responsible for the office's growth and expansion.
Before joining Wells Fargo, Mr. Valerio was with Willis North America, a unit of the insurance broker Willis Group Holdings. He was in a service leadership and management role in the northeast region.
Wells Fargo Insurance Services is a subsidiary of San Francisco-based financial services company Wells Fargo & Company. The brokerage services division was formerly Acordia Inc., which Wells Fargo acquired in 2001.
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