World Insurance coverage Associates names new chief development officer

World Insurance coverage Associates has introduced the appointment of John Peterson as its new chief development officer.

Concurrently, Frank Costa, beforehand serving as World’s chief development officer, transitions to the position of nationwide development chief. This new place focuses on supporting World’s advisors in reaching income targets throughout varied enterprise areas.

Peterson brings over three a long time of management expertise from Aon Threat Providers, the place he held a number of key positions, together with co-leading US retail gross sales and main a workforce liable for producing substantial new enterprise yearly. His tenure at Aon additionally included main the Aon Monetary Providers Group and Aon Threat Options of Illinois, in addition to contributing to Aon’s cyber threat administration and insurance coverage options technique.

With an MBA from Northwestern College’s Kellogg College of Administration, together with a BS in Journalism and a BS in Economics from Northwestern College, Peterson’s instructional background enhances his skilled experience. He started his position at World on January 10, 2024, and might be based mostly in Chicago.

In his new place, he might be spearheading new enterprise growth, consumer cross-sell initiatives, and overseeing the retail gross sales infrastructure. His major duty might be to drive income development by guaranteeing complete consumer entry to World’s in depth assets.

“We’re delighted to have John be a part of World and oversee our natural development initiatives and to have Frank help John and the broader gross sales workforce as our new nationwide development chief position. Having this degree of experience in each roles will result in an improved expertise for our shoppers and companions, which in fact is our most important aim,” World CEO Wealthy Eknoian mentioned.

“John brings an incredible quantity of expertise to World, and I’m thrilled to have him on the workforce. John and Frank collaborating throughout our ever-expanding retail enterprise ensures our advisors might be nicely positioned to ship the absolute best expertise and options to our shoppers,” World Retail president Tom Fitzgerald mentioned.

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