Wholesale Broker H.W. Kaufman Finalizes Purchase of UK’s Barbican Protect

H.W. Kaufman Group announced the closing of its acquisition of Barbican Protect Ltd., effective March 3.

Barbican Protect, an MGA that specializes in commercial property, casualty, financial lines and marine across the United Kingdom, joins the Kaufman family of companies rebranded as Burns & Wilcox.

Financial details of the deal, which was first announced in November 2019, were not disclosed.

“This is the fourth acquisition by Kaufman in the UK over the past seven years, as we follow a strategic growth plan to serve our growing roster of international clients,” said Alan Jay Kaufman, chairman, president and CEO, H.W. Kaufman Group, parent company of Burns & Wilcox.

“We are thrilled to officially welcome Barbican Protect into the H.W. Kaufman Group network – an acquisition that strategically provides choice and expertise for brokers in the UK at a time when many providers are leaving the market,” said James Stevenson, managing director, H.W. Kaufman Group London.

“Adding Stuart Kilpatrick to the Burns & Wilcox leadership team as managing director brings strength through relationship building and sought-after technical expertise in niche sectors and markets,” Stevenson added.

Source: H.W. Kaufman Group

Topics Agencies