Wells Fargo Global Broker Network Appoints London’s FirstCity as Newest Member

Business Editors/Insurance Writers

LONDON--(BUSINESS WIRE)--October 27, 2008--Wells Fargo Global Broker Network announces the appointment of FirstCity Partnership Limited (FirstCity) as its newest member and specialist London Wholesale Broker. Headquartered in London, FirstCity is a privately owned insurance and reinsurance advisory firm specializing in the financial and professional services sectors.

Commenting on the appointment, Grahame Weatherley, Director and Chief Operating officer of the Wells Fargo Global Broker Network said, “As the world’s largest network of independent brokers, we must offer the widest range of market-leading resources and capabilities to our customers. Given the importance of the London market, having the foremost London brokers as part of our global team is a major part of this commitment. FirstCity is widely regarded as a leading independent broker in their field and we are extremely happy to welcome them into our Network.”

Tim Watkins, Deputy Chairman of FirstCity, said, “"We are delighted to have been appointed the specialist London Wholesale Broker to the WFGBN and to have the opportunity to support their growing international client base. This appointment recognizes and endorses the important role of specialist brokers in the London market and having access to the talents and knowledge of network members around the world will allow us to better serve our own multi-national clients.”

The Well Fargo Global Broker Network consists of more than 10,000 insurance and risk management professionals serving customers from 330 offices across 70 countries - with the capability and resources to provide insurance brokerage services in 115 countries around the world. Collectively, the network produces revenues in excess of US $1.8 billion, making it one of the largest organizations of its type. For additional information, please visit www.wfgbn.wellsfargo.com.

FirstCity Partnership Limited is a leading independent insurance and reinsurance advisory firm specializing in the financial and professional services sectors. Established through the management buyout of the financial and professional services business from a predecessor Lloyd’s broker in 1993, the company traces its heritage back to 1926. For more information, visit www.firstcity.com.