Founded 1969 | ||
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Headquarters Farmington Hills, Michigan, United States Parent organization H.W. Kaufman Financial Group, Inc. Subsidiaries Kimbrell Insurance Group, Inc, B & F Special Risks Inc., Burns & Wilcox Canada, Inc. Profiles | ||
Burns & Wilcox is an independent insurance wholesale broker and managing underwriter. The company offers over 300 insurance products and earned $140.1 million in revenue in 2010. Founded in 1969 by Herbert W. Kaufman, Burns & Wilcox now encompasses 37 offices in 24 states and one office in London, England. Its corporate headquarters is located in Farmington Hills, Michigan. Today, Burns & Wilcox remains a family run company with Herbert's son Alan Jay Kaufman serving as Chairman, President, and CEO.
Contents
Burns & Wilcox, now family-owned, was previously a public company. No one named "Burns" nor "Wilcox" was involved in the founding or growth of the company; the name was chosen by Herbert Kaufman because he thought it carried a strong professional undertone.
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 homeowners, automobile, and professional liability. The following are examples of excess lines products provided by Burns & Wilcox: Cemetery Coverage, Flea Market Vendor Coverage, Rodeo Coverage, Medical Marijuana Dispensary Coverage, and Miniature Golf Course Coverage.
H.W. Kaufman Financial Group
H.W. Kaufman Financial Group is the parent company of Burns & Wilcox. It employs approximately 900 professionals in the finance and insurance industries and comprises the following companies:
Burns & Wilcox Brokerage, a brokerage firm based in San Francisco, CA that opened in 2010, also belongs to the H.W. Kaufman Financial Group.
Employees
Agents Market Source
Burns & Wilcox publishes a magazine named Agents Market Source that examines industry trends, marketing strategies, and product spotlights. The magazine features articles written by Burns & Wilcox employees as well as outside industry sources and appears twice annually with spring and fall editions.