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Wholesale broker adds to North Carolina footprint

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Burns & Wilcox, a wholesale broker and underwriting manager, said Wednesday it is increasing its investment in North Carolina with the relocation and expansion of its Wilmington office.

The Wilmington office specializes in hard-to-place insurance coverage, including coastal risks, flood, commercial liability, commercial property, professional liability, environmental, commercial transportation and personal insurance, Farmington Hills, Michigan-based Burns & Wilcox, a unit of H.W. Kaufman Financial Group Co., said in a statement.

It also said it plans to add insurance professionals and capabilities to the office.

H.W. Kaufman Financial Group and Burns & Wilcox had $2.05 billion in 2016 revenue, and has more than 1,700 employees, according to a spokesman.