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U.S. insurance brokerage company World Insurance Associates LLC (World) announced the appointment of John Peterson as Chief Growth Officer, effective January 10, 2024.
In his new role, based in Chicago, Mr. Peterson will focus on driving new business and customer cross-selling efforts, as well as overseeing the company’s retail sales infrastructure.
Additionally, Peterson will be responsible for driving revenue growth by ensuring all clients and prospective clients are aware of the vast resources available from the global organization.
“This is a really exciting opportunity at this point in my career. Global growth over the past few years has been impressive and I am honored to join the company and continue to lead our organic growth strategy.” says Peterson.
The new global chief growth officer has a track record of building highly successful teams across many areas.
Mr. Peterson has 30 years of leadership experience at brokerage giant Aon Risk Services, where he held numerous leadership and growth roles. Most notably, he served as Co-Leader of U.S. Retail Sales, leading a team responsible for generating hundreds of millions of dollars in new business annually.
In addition to sales, he led Aon Financial Services Group, Aon Risk Solutions in Illinois, and helped develop Aon’s cyber risk management and insurance solutions strategy.
World also announced that the company’s current chief growth officer, Frank Costa, will be moving to the newly created role of national growth leader.
In this role, Costa will focus on supporting World’s advisors in driving revenue objectives across all aspects of the business, the company said.
Commenting on the appointment, Rich Eknoian, CEO of World, said, “John joins World to oversee our organic growth initiatives, and Frank leads our new “I am pleased to be supporting John and the broader sales team in his role as Domestic Growth Leader.”
“Having this level of expertise in both roles will lead to an improved experience for our clients and partners, which of course is our primary goal.”
“John brings a tremendous amount of experience to World, and we are excited to welcome him to the team,” said Tom Fitzgerald, president of World Retail. “By working together across our growing retail business, John and Frank will ensure that our advisors are well-positioned to provide the best possible experience and solutions for our clients.”
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