Burns & Wilcox Insurance Underwriters

Burns & Wilcox is a leading wholesale insurance broker and underwriting manager, providing a wide range of property and casualty products for businesses and individuals.

With a reputation for excellence in specialty insurance solutions, the company serves as a key player in the insurance industry, offering access to a variety of markets and tailored products. Burns & Wilcox operates globally, with a focus on customized and innovative solutions for complex insurance needs.

Property & Casualty Products Offered by Burns & Wilcox

Burns & Wilcox specializes in a variety of property and casualty products to meet the diverse needs of its clients. Below is a detailed overview of their key offerings:

1. Personal Insurance

Burns & Wilcox offers personal insurance policies designed to cover high-value properties, personal liability, and specialty items. These products are especially beneficial for clients with unique or high-risk needs. Some key personal insurance products include:

• Homeowners Insurance: Designed for high-value homes and properties, this policy provides protection for damage to the home and personal belongings, as well as liability coverage.
• High-Value Home Insurance: Tailored for luxury homeowners, this policy covers properties that exceed the coverage limits of standard homeowners insurance.
• Flood Insurance: Offering protection against flood damage, this policy complements standard homeowners insurance by covering water damage from natural disasters.
• Personal Umbrella Insurance: Provides additional liability protection that exceeds the limits of a homeowner’s or auto policy, useful for individuals with significant assets at risk.

2. Commercial Property Insurance

This line of insurance is designed to protect businesses from physical damage or loss to their property. Burns & Wilcox offers comprehensive solutions that cover buildings, equipment, and other business assets. The key components include:

• Building and Contents Coverage: Protects physical structures and business contents against damages caused by covered events such as fire, theft, or vandalism.
• Business Interruption Insurance: Covers loss of income in the event that the business is forced to shut down due to covered property damage.
• Inland Marine Insurance: Provides coverage for movable or specialized types of property, such as construction equipment or goods in transit.
• Equipment Breakdown Insurance: Covers repair or replacement costs for machinery and equipment that breaks down unexpectedly.

3. Casualty Insurance

Burns & Wilcox offers a broad range of casualty insurance products designed to protect businesses and individuals from liability claims. These include:

• General Liability Insurance: This policy provides protection against claims of bodily injury or property damage caused by the business’s operations, products, or employees.
• Professional Liability (E&O) Insurance: Covers professionals (such as doctors, lawyers, and consultants) against claims arising from mistakes or negligence in the services they provide.
• Commercial Umbrella Insurance: Offers additional liability protection for businesses, extending coverage limits beyond what is offered by primary liability policies.
• Cyber Liability Insurance: Protects businesses from data breaches and cyberattacks, covering costs such as data recovery, legal fees, and notification costs.

4. Specialty Insurance

Burns & Wilcox is known for offering niche insurance solutions that may not be covered by standard policies. These specialty insurance products cater to unique risks, including:

• Builder’s Risk Insurance: A specialized product for contractors and builders, providing coverage for buildings under construction.
• Vacant Property Insurance: Designed for properties that are unoccupied for an extended period, this policy covers risks associated with vacant homes or commercial spaces.
• Contractors Insurance: A package of coverages tailored to the needs of contractors, including general liability, workers’ compensation, and tools and equipment coverage.
• Marine Insurance: Covers vessels, cargo, and marine-related liabilities for businesses engaged in shipping or other marine operations.

5. Environmental Insurance

Burns & Wilcox offers environmental insurance solutions for businesses that face unique environmental risks. These policies are crucial for companies involved in industries such as manufacturing, waste disposal, or chemical production. Key environmental insurance products include:

• Pollution Liability Insurance: Covers legal and cleanup costs associated with pollution incidents, including soil, water, or air contamination.
• Contractors Pollution Liability: Designed for contractors, this policy covers third-party claims of pollution resulting from construction activities.

6. Professional Liability Insurance

Burns & Wilcox offers a range of professional liability (errors and omissions) policies for various industries. These products help protect professionals from financial losses due to lawsuits alleging negligence, errors, or omissions in the services provided. Key products include:

• Architects & Engineers Professional Liability: Covers design professionals from claims related to design flaws or negligence in construction projects.
• Medical Malpractice Insurance: Protects healthcare professionals and organizations from liability claims arising from patient treatment.
• Technology E&O Insurance: Provides coverage for IT professionals and technology companies against claims of negligence or errors in their software, hardware, or consulting services.

Why Choose Burns & Wilcox?

Burns & Wilcox stands out in the insurance industry due to its expertise in managing complex risks and offering tailored solutions. By working with independent agents and brokers, they can provide specialized products that address unique risks often overlooked by standard insurers. The company’s strong underwriting practices, global reach, and extensive portfolio of property and casualty products make it a top choice for businesses and individuals seeking comprehensive insurance coverage.

In summary, Burns & Wilcox’s diverse product offerings cater to a wide range of personal, commercial, and specialty insurance needs. Their commitment to innovative, customized solutions ensures that their clients are well-protected, no matter the complexity or uniqueness of the risk.

Highly-rated insurance providers, we are proud to represent…

• Progressive Insurance Company
• Farmers Mutual Trust
• Guard
• Burns & Wilcox
• USLI
• Tapco
• Aegis
• Eastern Underwriters
• RT Specialty