Insurance Care Direct has brought in Mark Peterson to help it acquire other companies.
The Deerfield Beach, Florida-based life and health agency has named Peterson director of mergers and acquisitions.
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Mark Peterson will work under David Corsaut, the company’s chief strategy officer.
He “will support industry-focused acquisitions and overall market development,” Insurance Care Direct said in the announcement of Peterson’s hiring.
Insurance Care Direct said that it wants to expand its market share, but it did not say whether it prefers to buy big companies, small companies or midsize companies.
Peterson has a bachelor’s degree in economics from Colorado College. He got his start as an investment banker at the Chicago Corp., and he later helped start a financial services sector investment banking business in the Chicago area for Raymond James & Associates Inc.
Peterson helped insurance sector clients there raise $42 billion.