World Insurance hires M&A leader

World Insurance Associates LLC Wednesday said it has hired Ken Bond as chief corporate development officer.

Mr. Bond, who most recently was head of corporate development at financial adviser Cetera Financial Group Inc., spent 12 years in corporate development at Aon PLC.

Rich Eknoian, CEO of World Insurance, said in a statement that Mr. Bond’s responsibilities will include sourcing deals and driving the Iselin, New Jersey-based brokerage’s mergers and acquisitions strategy.

Private equity-backed World Insurance has been one of the most acquisitive brokerages over the past three years and completed 36 deals in 2023, according to Optis Partners LLC.

It is the 28th-largest brokerage of U.S. business, according to Business Insurance’s most recent ranking.