Burns & Wilcox

Burns & Wilcox is an independent insurance wholesale broker and managing underwriter founded in 1969 by Herbert W. Kaufman.[1] Its corporate headquarters is located in Farmington Hills, Michigan. Burns & Wilcox, previously a public company,[2] is family run with Kaufman's son Alan Jay Kaufman serving as Chairman, President, and CEO.[3]

In February 2020, the company announced the expansion and renovation of its Houston office to support continued growth. Kaufman Real Estate Management, a subsidiary of Burns & Wilcox parent company H.W. Kaufman Group, will curate the new office.[4]

Products

Burns & Wilcox specializes in excess and surplus lines of insurance and works with admitted and non-admitted carriers. The company also offers standard lines policies such as homeowner's, automobile, and professional liability. The following are examples of excess lines products provided by Burns & Wilcox: general liability, construction, marine, cyber-security and private client.

H.W. Kaufman Financial Group

H.W. Kaufman Financial Group is the parent company of Burns & Wilcox. It employs over 2,000 employees in the finance and insurance industries. Burns & Wilcox Brokerage, a brokerage firm based in San Francisco, CA that opened in 2010, also belongs to the H.W. Kaufman Financial Group.[5]

Employees
  • In 2011, the National Association of Insurance Women named Melanie Elias, director of claims, International Claims Professional of the Year.[6]
  • Ernst & Young selected H.W. Kaufman Financial Group CEO, chairman, and president Alan Jay Kaufman as a regional winner in their Entrepreneur of the Year program for the Michigan and Northwest Ohio Business Services category in July 2011.[7]
  • Director of Professional Lines David Derigiotis teaches a "webinar" for Insurance Journal's Academy of Insurance.[8]
  • In May 2020, Linda Koos was added in the team as vice president and managing director.[9]

Sponsorships

In 2017, Burns & Wilcox signed a sponsorship agreement with Olympia Entertainment and the Detroit Red Wings.[10] In 2018, the company announced its sponsorship of the Detroit Red Wings co-captain Justin Abdelkader.[11] Burns & Wilcox also sponsors 2018 Players Championship at TPC Sawgrass winner Webb Simpson, 2021 Genesis Open winner Max Homa, and 2016 PGA Champion Jimmy Walker.[12][13]

References
  1. "Burns & Wilcox Chairman Reflects on Decades of Business". 9 June 2003.
  2. "How Alan Kaufman leads HW Kaufman Financial Group to expansion". www.sbnonline.com. July 1, 2011.
  3. "Risky Business" (PDF). www.walshcollege.edu.
  4. Smith, Ryan. "Burns & Wilcox expands Houston office". Insurance Business. Retrieved 2020-02-28.
  5. "RT Specialty's Brady Hired to Lead Burns & Wilcox Unit for Wholesale Brokerage".
  6. "Convention Information - International Association of Insurance Professionals".
  7. "Kaufman Financial Group Executive Named Regional Entrepreneur of the Year".
  8. "David Derigiotis".
  9. Sheehan, Matt (13 May 2020). "Burns & Wilcox adds Linda Koos to Michigan Leadership team". Reinsurance News. Retrieved 14 May 2020.
  10. Tyler Clifford (September 19, 2017). "Sponsorship will put Burns & Wilcox at center ice at Little Caesars Arena". Crain’s Detroit Business. Retrieved December 2, 2018.
  11. Bill Shea (October 28, 2018). "MM3rdQB: Welcome to our new, improved sports biz blog". Crain’s Detroit Business. Retrieved December 2, 2018.
  12. Bill Shea (July 19, 2017). "Burns & Wilcox extends sponsorship deal with PGA's Webb Simpson". Crain Communications. Retrieved December 2, 2018.
  13. Ryan Reiterman (October 28, 2018). "Simpson cruises to four-shot win at Players". Golf Channel. Retrieved December 2, 2018.
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