As healthcare reform continues to alter the employee benefits landscape, Wells Fargo Insurance continues to strengthen its national employee benefits division.
The company has announced that Tim Prichard is the new head of its National Employee Benefits Practice and will report to Laura Schupbach, head of Wells Fargo Insurance.
Prichard will lead a nationwide team that provides insurance placement, health and productivity risk management, benefits administration, and healthcare reform compliance.
'As our customers continue to navigate healthcare reform, we want to provide them with the benefit resources and solutions they need', said Schupbach. 'Employee Benefits is an increasingly important area for our customers and Wells Fargo Insurance. I’m confident that with Tim’s extensive experience and leadership, our business will grow as we provide more customers with effective and competitive benefit plans'.
Prichard joined Wells Fargo Insurance in 2009 when BridgeStreet, a boutique insurance and actuarial consulting company he co-founded, was acquired by the company. Prior to founding BridgeStreet in 2004, Tim held national practice leadership roles and managed regional sales teams for both insurance companies and consulting firms. He received his bachelor’s degree in political science from Texas A&M University.
'I’m excited to lead a practice that can have a big impact in helping our customers succeed financially', said Prichard. 'Healthcare reform has made benefits planning a larger financial decision, and Wells Fargo Insurance is well suited to provide advice and insurance solutions that can help positively impact a company’s financial health'.
Wells Fargo’s National Employee Benefits Practice includes 1,000 employee benefit professionals across the country. The practice offersWells Fargo Insurance’s Health Care Reform Analyzer¹ service to help employers prepare for the impact of healthcare reform.
Prichard succeeds Todd Renner who will remain with Wells Fargo Insurance as he leads efforts to develop the company’s Healthcare Exchange Strategy. Renner will report to Todd Wartchow, head of Wells Fargo’s Insurance Strategy and Analytics team.
Prichard and Renner will work jointly to bring together the business’ broad and growing benefits capabilities for its customers.