Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has named Roy Musgrove senior vice president with its local Property and Casualty practice. Musgrove will provide healthcare professionals with risk management solutions and develop customized insurance strategies to help clients meet corporate insurance and financial objectives. He will report to Diane Dusseau, managing director for Wells Fargo Insurance's Sacramento and Central Valley Region.

"Roy's extensive expertise and successful track record will be valuable assets to our local practice," said Dusseau. "By recruiting top industry talent such as Roy, we are strengthening our team as we continue to provide customers with the insurance solutions they need."

Musgrove began his career in 1997 at NORCAL Mutual Insurance Company in San Francisco, before moving to Keenan Associates in Sacramento to help build their Medical Group Division. In 2007, he became director of Health Care for Aon Risk Services West, Inc. Musgrove has a Bachelor's degree in Business and Engineering from Washington State University, and a Master's in Business Administration from Pepperdine University.

Wells Fargo Insurance provides insurance services to the company's business banking, middle market, large corporate, and high net worth customers throughout the region.

About Wells Fargo Insurance

Wells Fargo Insurance1 is the fifth largest insurance broker in the world (Business Insurance, 2013). Wells Fargo Insurance provides solutions for a wide range of customers, including retail consumers, high net worth individuals, small businesses, as well as middle market and large corporate customers. The 6,600 insurance professionals of Wells Fargo Insurance write or place $15 billion of risk premiums annually in property, casualty, benefits, international, personal lines, and life products and also includes the nation's largest crop insurance provider, Rural Community Insurance Services (RCIS).

About Wells Fargo & Company

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank's customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2013 rankings of America's largest corporations. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com.

1 Ranking includes Wells Fargo Insurance Services USA, Inc., Wells Fargo Insurance Services of West Virginia, Inc., Wells Fargo Insurance, Inc., and Rural Community Insurance Company

Wells Fargo & Company
Angenette Lau, 415-396-9904
Angenette.m.lau@wellsfargo.com
Twitter: @AngenetteLauWF