Deal Expands Depth of Expertise for Burns & Wilcox in Placing Complex Environmental Exposures
Farmington Hills, Mich. (September 12, 2023) – Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting, today announced it has reached a definitive agreement to acquire Environmental Underwriting Solutions (EUS), a leading wholesale insurance broker specializing in placing complex environmental exposures, from Insurance Office of America (IOA).
EUS is recognized for its ability to provide expert counsel and wholesale brokerage services across a variety of environmental risks, including General Liability, Pollution, Professional Liability, Auto, Workers’ Compensation, and Excess, among many others.
“This acquisition aligns with our vision for Burns & Wilcox shared earlier this year. We will be aggressive in pursuing independent or highly specialized wholesale brokers and underwriters that further enhance our core business,” said Danny Kaufman, President, Burns & Wilcox. “Environmental Underwriting Solutions is highly respected in this sector – we expect environmental business to be yet another key growth area for us in the years ahead.”
Beth Linton, who served as President of EUS, will move to Burns & Wilcox as Vice President, Environmental Brokerage, based in the company’s Atlanta office. She will continue overseeing her teams located in Atlanta, Birmingham, Alabama, and Charleston, South Carolina, and report to Blaise D’Antoni, Executive Vice President, Eastern U.S., Burns & Wilcox.
“I am proud of the national footprint EUS has built. Now, as part of Burns & Wilcox, we will be backed by one of the industry’s leading independent insurance wholesalers,” said Linton. “The company has committed to invest and expand our reach as we partner with the existing Burns & Wilcox environmental unit, driving even greater collective growth.”
Burns & Wilcox expects the deal to close within the next four to six weeks.
About Burns & Wilcox:
Burns & Wilcox is the insurance industry’s leading wholesale insurance broker and underwriting manager internationally recognized for its expertise in commercial and professional liability, property, environmental, transportation, and personal insurance.
Burns & Wilcox is a member of H.W. Kaufman Group, which has over 60 offices across the United States, Canada, Europe, and South America and employs more than 2,000 professionals. Founded in 1969 and headquartered in Metro Detroit, Michigan, H.W. Kaufman Group also includes: Burns & Wilcox Brokerage, Burns & Wilcox Canada, Atain Insurance Companies, RB Jones, Stonemark, and Minuteman Adjusters. H.W. Kaufman Group International includes: H.W. Kaufman Group Europe, Chesterfield Group, Chesterfield LatAm, Lochain Patrick, Burns & Wilcox United Kingdom, and Node International. More information can be found at www.burnsandwilcox.com or www.hwkaufman.com.