Wholesale insurance broker and underwriting manager Burns & Wilcox has opened a new office in Boston as part of its Northeast expansion.
Leading the branch is managing director Peter Kestenbaum, who brings nearly two decades of industry experience to Burns & Wilcox. Kestenbaum’s credentials include time spent as Northeast underwriting leader at Vault, as well as stints at Marsh, Lexington, and AIG.
“As a family-owned, operated, and truly independent company, Burns & Wilcox offers a unique environment in which I will play a role in scaling the business,” the key hire said in a release.
“I was impressed with the commitment to make significant investments in associates and their professional development, while also building out an advanced technology strategy. I am excited to dig in and ready to make Boston one of the company’s most productive offices.”
Burns & Wilcox president Danny Kaufman commented: “On the heels of a record-setting year, we will continue to be aggressive in adding the industry’s very best professionals to further expand the Burns & Wilcox footprint across North America and worldwide.
“New England is a market with significant potential. Peter will enable Burns & Wilcox to quickly establish a firm presence in the city with a strong team that can meet the increased demand for our expertise, exclusive products and capacity, and deep market relationships.”
Burns & Wilcox was recognized as one of the winners for the Best Wholesale Brokers and MGAs. Read the full report here.
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