Printer Friendly

-Wells Fargo Insurance acquires EDIFY, LLC.

Global Banking News-July 7, 2011--Wells Fargo Insurance acquires EDIFY, LLC(C)2011 ENPublishing -

Global Banking News - 07 July 2011

Wells Fargo Insurance Services, a part of Wells Fargo & Company (NYSE: WFC), has said that it has acquired EDIFY, Llc, an employee benefits consulting firm based in Fort Lauderdale, Florida.

The acquisition was closed on July 1, 2011 and terms of the transaction have not been disclosed. Howard Gruverman, CEO and principal of EDIFY, Carlos Castresana, president and principal of EDIFY, and their team will join Wells Fargo Insurance Services and continue to serve their clients at their current locations.

'EDIFY has a highly respected and experienced team of professionals whose strong client focus fits our business model,' said Tom Longhta, regional managing director of Wells Fargo Insurance Services, Florida region. 'They will strengthen our growing presence in Florida and further support Wells Fargo's commitment to help customers succeed financially by addressing their insurance needs,' he added.

Founded in 1996, EDIFY provides innovative employee benefits programs and customised health and wellness consulting for middle-market and large employers, focused on improving health and lowering the overall cost of healthcare.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -
COPYRIGHT 2011 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Geographic Code:1U5FL
Date:Jul 7, 2011
Previous Article:-Fed names new head of Research division.
Next Article:-Toronto-Dominion Bank plans debt offering.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters