Burns & Wilcox, a national specialty insurance managing general agency, has promoted Wayne Bates to director of the company’s Special Risk Division (SRD), International, as well as elevated him to associate vice president.
Bates previously served as director of Burns & Wilcox’s London Consortium Department and deputy director of SRD, International, responsible for underwriting and marketing of the key London contracts on which Burns & Wilcox assumes risks via its affiliates. Bates also manages reinsurance activities involving current contracts, as well as the development of new contracts and programs in the London market. He also oversees the overall operations of Illinois R.B. Jones, a wholly owned subsidiary that specializes in providing specialty lines coverage to agents and wholesalers nationwide.
Under Bates’ direction, the SRD, International division has experienced outstanding growth, expanding the group’s premium volume in the London market 15 percent from 2004 to 2005 alone. Bates expects the division to grow at least another 10 percent next year.
Burns & Wilcox is North America’s largest independently owned managing general insurance agent. With a team of more than 859 employees nationwide, the Farmington Hills, Mich.-based company serves more than 30,000 agents through its network of 36 offices in 24 states.
Topics London
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