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the fast-growing insurance arm of , has acquired Walnugt Creek-based , an employed benefits consulting firm that also has offices in Houstohnand Seattle. Terms of the transaction were not Wells FargoInsurance Services, now linked with aftefr Wells Fargo’s (NYSE: WFC) Dec. 31 acquisition of , is the fifth-largesty insurance brokerage and thelargesty bank-owned insurance brokerage in the United States, Wellsz says. It has more than 200 branchesx in37 states. BridgeStreet is a nationakl employee benefits administration and consulting firm with about adozenn employees. It handles approximately $250 million in insurance premiums annually forits clients, accordinhg to principal Tim Prichard.
Founded by Prichard and co-principa Rob Combi, it specializes in customizef employee benefit services forlarge employers, including absence management, group insurance and speciao risk programs. Its clientsw include Fortune 1000 companies, large health-carw companies and public entities nationwide. About 10 of BridgeStreet’a staffers will remain with the company, according to Wells spokeswomanRichelre Messick.
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