Succession Capital Alliance is opening a life insurance premium financing office in New York.

The office will be headed by Dean De Marco, the company’s chief operating officer, who previously was president of Premium Funding Group L.L.C., New York.

De Marco will be helping Succession Capital reach out to insurers, producers, lawyers, accountants and financial advisors, the firm says.

Succession Capital is a unit of Capital Management Strategies Inc., Newport Beach, Calif.