World Insurance Associates LLC on Monday named Renae Flanders as its new chief financial officer. As an integral part of World’s executive team, Flanders will be responsible for the financial management of the company and will partner with the firm’s businesses to support growth initiatives, manage capital allocation and manage and mitigate risk.
She will be based out of the firm’s Iselin headquarters.
“Renae is a highly skilled industry veteran with a proven track record of delivering sustained shareholder value, managing complicated M&A transactions and leading multidisciplinary teams,” Rich Eknoian, CEO of World, said. “Her vast experience and expertise are a natural fit for our next phase of growth. We are thrilled to have a leader like Renae join the team and it is a testament to our ability to attract the industry’s best talent.”
“I am delighted to join World during this time of impressive growth and innovation,” Flanders said. “I look forward to partnering with the World team to build on our significant market momentum and revenue growth, while simultaneously expanding margins, managing risk and delivering on our capital allocation strategy.”
Flanders has a proven track record spanning 30 years of executive financial management, creating differentiating economic value, financial flexibility and market shaping strategies. She recently served as chief financial officer and chief operating officer, and interim CEO, of Private Health Management, a clinically sophisticated health care navigation firm, while her industry knowledge was built through her long career at Aon, ultimately serving as CFO for Aon’s largest business, U.S. Risk and Health Solutions.
