Wells Fargo Insurance Services Acquires Prestige Professional Plans

Chicago-based Wells Fargo Insurance Services USA Inc. announced it acquired Prestige Professional Plans, a single office, employee benefits insurance brokerage firm located in Dayton, Ohio.

The acquisition closed on Dec. 1, 2010. Terms of the transaction were not disclosed.

Serving customers in Ohio since 1985, Prestige Professional Plans provides business and individual customers with employee benefits consulting and brokerage services including, medical, dental, life, vision, disability, and various other health insurance plans.

Prestige Professional Plans has experience in all plan types, including fully-insured plans, self-funded plans, high deductible health plans, and health savings accounts (HSAs).

Source: Wells Fargo Insurance Services