H.W.
Kaufman Financial Group today announced the acquisition of a New Orleans-based specialty insurance broker.
B&F Special Risks was founded in 1977 by J. Patrick Berry and provides specialty wholesale brokerage services to clients throughout the state. It will retain its staff, joining up with the team of brokers and underwriters and Kaufman’s flagship company Burns & Wilcox in New Orleans.
“B&F’s expertise is well-known in the market,” Blaise D’Antoni, corporate vice president of Burns & Wilcox, said in a statement. “They are a well-regarded firm, and I am confident the transition will be seamless, as we share many of the same principles.”
Berry also expressed excitement at the prospect of the union, saying, “I am happy to join a family-owned organization that has deep roots in Louisiana and will continue to provide the same level of exceptional service B&F Special Risks clients expect.
The move represents an important expansion in the region for Kaufman Financial Group and Burns & Wilcox, said Alan Jay Kaufman, chairman, president and CEO of the company.
“This acquisition expands the presence of Burns & Wilcox in New Orleans and Louisiana,” Kaufman said. “We will build on the foundation B&F Special Risks has created in the market to strengthen our relationships with existing partners throughout the region and identify new opportunities.”
Founded in 1969 and headquartered in Detroit/Farmington Hills, Michigan, H.W. Kaufman Financial Group is a global network of companies that includes Burns & Wilcox, Burns & Wilcox Brokerage, Lochain Patrick, Chesterfield Insurance Brokers, Cranbrook Underwriters, CGlobal Excess Partners, Burns & Wilcox Canada, Burns & Wilcox Re, Atain Insurance Companies, R.B. Jones, Royal Premium, US-Reports, Canadian Reports and Minuteman Adjusters.
