Insurance Business Burns & Wilcox parent acquires new insurance business

Burns & Wilcox parent acquires new insurance business It seems like scarcely a month goes by without H.W. Kaufman Financial Group announcing another acquisition or expansion. Just a few days ago its Burns & Wilcox business announced it was doubling the size of its Baltimore office. Before that the announcement was that it had acquired Quebec’s XN Financial Services and Toronto’s  Technical Risk Services.

This month, it has acquired Chlystek & White Services, an insurance premium audit services company based out of Grand Rapids.

Kaufman’s Colorado based Afirm will take over the new acquisition’s operations – the Fort Collins business will keep all of  Chlystek & White’s 158 employees, including Mark de Wall, the principal shareholder before the acquisition. de Waal is currently President of Chlystek & White Services where he has ben for 25 years. Previously he was a GM with Nationwide Group.

"The strength of Afirm will allow all our clients to experience significant enhancements and improvements in speed, service, support, coverage territory and additional services to better serve their insured," de Waal said in a statement.

Kaufman Financial is an insurance powerhouse and owns a number of well known insurance business names; Atain Insurance Companies, Chesterfield Insurance Brokers, Lochain Patrick, Cranbrook Underwriting, Global Excess Partners, Burns & Wilcox, Burns & Wilcox Brokerage, Burns & Wilcox Canada, Burns & Wilcox Re, R.B. Jones, Royal Premium and Minuteman Adjusters.