Burns & Wilcox has announced it has reached a definitive agreement with Insurance Office America to acquire Environmental Underwriting Solutions (EUS), a wholesale insurance broker specializing in complex environmental exposures. It expects the deal to close within the next four to six weeks.
EUS provides expert counsel and wholesale brokerage services across a variety of environmental risks, including general liability, pollution, professional liability, auto, workers’ compensation, and excess, among others.
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 US, Burns & Wilcox.
Danny Kaufman, president of Burns & Wilcox, said the deal aligns with the vision the firm shared earlier this year.
“We will be aggressive in pursuing independent or highly specialized wholesale brokers and underwriters that further enhance our core business,” Kaufman said in a press release. “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.”
“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 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.
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