Lloyd’s broker bought by US group
London-based broker and underwriting company Chesterfield Group has been bought by US-company H.W. Kaufman Financial Group.
H.W. Kaufman Financial Group is the parent company of wholesale broker and underwriting manager Burns & Wilcox, which has offices across the US and in London.
Its purchase of the Chesterfield Group includes Lloyd's broker Chesterfield Insurance Brokers.
James Stevenson, managing director of Chesterfield, commented: "The cultural similarities of the two groups combined with an excellent strategic fit in the USA, Canada and London will enable our combined business to offer a greater depth of
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