Acordia Names Renita Wolf Vice President, Regional Controller for its Central Region.

Business Editors

CHICAGO--(BUSINESS WIRE)--Feb. 26, 2004

Acordia, Inc. announced today that Renita Wolf is the new Vice President, Regional Controller for Acordia's Central Region. Wolf is responsible for business planning, reporting, accounting and financial statements. She will be working from the company's Colorado Springs office.

Most recently, Wolf worked for Agilent Technologies where she started as a Merger and Acquisition Integrating Manager. Prior to joining Agilent Technologies in 2000, Wolf worked for Honeywell, Inc., Cray Computer Corporation, Telectronics Pacing Systems and SRC Computers, Inc. She began her career with Current, Inc in 1983 as a Cost Accountant. She later advanced her expertise in finance and attained a position as Vice President of Finance and Chief Financial Officer for SRC Computers, Inc., in 1996. She then worked with Global Financial Services as a Quality, Communications & Organization Development Manager.

Wolf received a bachelor of science in accounting from the University of Colorado. She also holds an MBA in Finance from University of Colorado and MA in Global Studies, from the University of Denver. She is a Certified Management Accountant and has been published in several financial magazines and newsletters. One of her most recent articles was, "Integration: Key to M&A Success," Published in Financial Executive Magazine, September 2003.

"We are thrilled that Renita has joined our team as Regional Controller," said Steve Schneider, CPCU Senior Vice President, Regional Managing Director, Acordia, Inc. "Her strong background in acquisitions, operations and quality will greatly benefit our region as we continue to grow."

Acordia, Inc., headquartered in Chicago, Ill., is the world's sixth largest insurance brokerage and the largest bank-owned insurance brokerage in the U.S., with over 150 offices in 38 states. Its 4,500 insurance professionals place in excess of $6.5 billion of risk premiums with expertise in property, casualty, benefits, international, personal lines and life products.

Acordia is a subsidiary of Wells Fargo & Company, a diversified financial services company with $381 billion in assets, providing banking, insurance, investments, mortgage and consumer finance from more than 5,900 stores, the internet (wellsfargo.com), and other distributions channels across North America and elsewhere internationally. Wells Fargo Bank, N.A. is the only "Aaa"-rated bank in the United States.

Acordia is also a member of HLA Global Network. HLA Global, a partnership between London-based Heath Lambert Group and Acordia, Inc., serves as the international arm of Acordia. HLA Global is one of the world's largest networks of insurance brokers, with independent brokers in over 90 nations across the world including Europe, Asia, Australia, the Middle East and Africa.

For more information about Acordia, visit www.acordia.com or call 312.423.2531.