US insurance brokerage World Insurance Associates LLC (World), has announced the appointment of John Peterson as chief growth officer, effective January 10, 2024.
In his new role, based in Chicago, Peterson will be dedicated to driving new business, client cross sell initiatives, and he will also oversee the Retail sales infrastructure.
Additionally, Peterson will be responsible for driving revenue growth by ensuring all clients and prospective clients have visibility to the vast resources available from the World organisation.
“This is truly an exciting opportunity at this point in my career. World’s growth over these past several years has been impressive and I am honoured to join the firm and continue leading our organic growth strategy,” said Peterson.
World’s new chief growth officer has a proven track record in building highly successful teams in many disciplines.
Peterson brings 30 years of leadership experience at broking giant Aon Risk Services where he served in a host of leadership and growth roles, most notably co-leading US retail sales where he led a team responsible for producing hundreds of millions in new business annually.
Beyond sales, he led Aon Financial Services Group, Aon Risk Solutions of Illinois as well as helped form Aon’s strategy for cyber risk management and insurance solutions.
World also announced that Frank Costa, the company’s current chief growth officer, will move to the newly created national growth leader role.
In this position, Costa will be dedicated to supporting World’s advisors with driving revenue goals across all facets of the business, the firm explained.
Commenting on the appointments, Rich Eknoian, chief executive officer of World, said: “We are delighted to have John join World and oversee our organic growth initiatives and to have Frank support John and the broader sales team as our new national growth leader role.
“Having this level of expertise in both roles will lead to an improved experience for our clients and partners, which of course is our main goal.”
“John brings a tremendous amount of experience to World, and I am thrilled to have him on the team,” said Tom Fitzgerald, president of World Retail. “John and Frank collaborating across our ever-expanding retail business ensures our advisors will be well positioned to deliver the best possible experience and solutions to our clients.”
