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Wells Fargo sells Besso stake

Colin Bird

US insurance firm Wells Fargo has relinquished its stake in Lloyd broker Besso.

Wells Fargo had held a 37% stake in the firm but the broker is now under the majority ownership of its executive management team.

Michael Wade has acquired a 15% stake in the firm, while Brian Marsh

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Diary of an Insurer: Marsh’s Kasia Lipinska

The working week of Kasia Lipinska, automotive and manufacturing industries leader at Marsh, is a whirlwind of cars, clients, and cyber plus supporting her wife with chemotherapy and daughters with their GCSEs.

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