Kaufman financial Acquires Canadian MGA Avec coverage Managers

Burns & Wilcox Canada, a subsidiary of Kaufman monetary organization, introduced it has received Avec coverage Managers, a Toronto-based totally handling general agent with information in marine, inland marine and different uniqueness commercial lines.

Avec turns into part of Burns & Wilcox Canada, a managing wellknown agent with places of work in Toronto, Calgary, Ottawa, Halifax, St. John’s and Moncton.

“Burns & Wilcox Canada is one in every of our fastest growing companies and its endured achievement requires an influx of expertise and information to satisfy the increasing desires of Canadian brokers,” said Alan Jay Kaufman, chairman, president and CEO of the Kaufman financial group. “Avec brings complementary merchandise and markets to Burns & Wilcox Canada, along with an experienced crew and the possibility to serve a broader broking base.”

Avec was founded in 2004 by using a set of Canadian insurance professionals. The employer has improved into western Canada to support the vicinity’s growing marine and power industries.

four of the original companions – Stephen Oxley, Thomas Sampson, Patrick Barco and Martha Paz – continue to serve the agency in a leadership ability and could stay in key roles. The entire Avec group will be part of Burns & Wilcox Canada.

“We found the Kaufman monetary institution and Burns & Wilcox Canada to have a similar tradition, with passionate and modern experts that proportion an enthusiasm for continuing education, for expanding our commercial enterprise and for making an investment in our group,” said Stephen Oxley, president of Avec insurance Managers.

“further, becoming a member of Burns & Wilcox Canada will supply new skills to higher serve our clients and brokers in handling their global transactions,” he continued.