Los Angeles, CA, January 22, 2016 — Worldwide Facilities is proud to announce that John Addeo, the founder of three national insurance brokerage companies, will be joining its Board of Directors.
After graduating from Manhattan College, Addeo began his career with Peat, Marwick, and Mitchell as a CPA. He later worked at a leading international insurance brokerage company, where he held a number of senior-level finance and operations positions during a distinguished 20-year tenure.
In 2008, he partnered with leading middle-market private equity firm Genstar to found Confie Seguros, a nationwide insurance brokerage firm that specialized in serving the needs of the Hispanic community. When Addeo sold the company to ABRY Private Equity five years later, it had grown to operate in 10 states, with 300 retail sales outlets.
He is also the founder of USI Insurance Services Corp, now owned by Onex Partners, and Alliant Insurance Services, Inc., acquired by KKR.
“I have spent over 40 years in the insurance brokerage space, and am looking forward to leveraging that experience to assist Davis Moore and his management team in building and expanding this leading wholesale operation,” Addeo says, “both organically and externally through acquisition.”
“Worldwide Facilities will benefit greatly from Mr. Addeo’s experience and contacts,” adds Davis Moore, CEO of Worldwide Facilities. “We look forward to a very positive and productive association.”
About Worldwide Facilities, Inc.
Worldwide Facilities is a national wholesale insurance broker and managing general agent that has been in business since 1970. Our seasoned brokers and underwriters are industry leaders in providing expertise in a wide range of specialty lines, and offer extensive contacts with carriers domestically and overseas.
Media Contact
Erika Guerra
EGuerra@wwfi.com
Direct: (213) 236-4509
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