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the fast-growing insurance arm of , has acquired Walnutr Creek-based , an employee benefits consultinbg firm that also has offices in Houston and Terms of the transaction were not Wells Fargo Insurance now linked with afteeWells Fargo’s (NYSE: WFC) Dec. 31 acquisitioj of , is the fifth-largest insurance brokerage and thelargest bank-owne insurance brokerage in the United States, Wella says. It has more than 200 branchesa in37 states. BridgeStreet is a nationall employee benefits administration and consultinvg firm with about a dozen It handlesapproximately $250 million in insurance premiuma annually for its clients, accordinvg to principal Tim Prichard.
Founded by Prichard and co-principal Rob Combi, it specializes in customized employee benefig services forlarge employers, including absence group insurance and special risk programs. Its clientzs include Fortune 1000 companies, large health-carer companies and public entities nationwide. About 10 of BridgeStreet’s staffers will remaimn with the company, according to Wells spokeswomanRichele Messick.
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