
By Mia MacGregor
May 19 - (The Insurer) - The Mutual Group has appointed Peter Houston to the newly created role of chief growth officer and head of corporate development.
Houston joins from Keefe Bruyette & Woods, a specialist investment bank serving the financial services and fintech sectors, where he spent 15 years. Most recently, he served as a managing director, advising insurance companies on corporate finance transactions.
In this role, Houston will lead The Mutual Group’s acquisition and growth strategy. Reporting to CEO Tim Fleming, he will oversee the development and execution of the company’s deals process, partnering with the broader executive team to identify, evaluate and integrate new members.
“Peter brings a proven track record of successfully advising on numerous transactions involving mutuals and specialty P&C carriers and firsthand experience working with and advising mutual insurance company boards,” said Fleming.
Bain Capital Insurance In December 2023 announced that it would invest $200 million into GuideOne to launch The Mutual Group.