Farmington Hills-based wholesale insurance broker and underwriting manager Burns and Wilcox today announced a partnership with the Identity Theft Resource Center (ITRC). The partnership will provide retail brokers, agents, and partners of Burns and Wilcox with resources to help navigate a variety of cyber threats and breaches.
“As leaders in the insurance industry, there is an inherent responsibility to educate, engage, and protect the clients we do business with,” says Alan Jay Kaufman, chairman, president, and CEO of H.W. Kaufman Group, of which Burns & Wilcox is its largest subsidiary. “In a digital era, where business is most commonly executed online, connecting with organizations like the ITRC is crucial in maintaining strong levels of trust, guidance, and education in the industry.”
ITRC was established to support victims of identity theft in resolving their cases and to broaden education and awareness in understanding data breaches, cyber security, scams, fraud, and privacy issues. The organization provides no-cost assistance and consumer education nationwide.
“We are thrilled to partner with Burns and Wilcox, a well-respected company in the specialty insurance industry. The partnership gives us the opportunity to reach more people in this particular sector,” says Eva Velasquez, president and CEO of ITRC. “Together we hope to increase educational awareness by teaching best cyber practices and providing resources on how to recover from an attack, which aligns with our mission. After all, it is not a matter of if someone will become a victim of cyber fraud, it’s when.”
The partnership comes on the heels of a personal cyber insurance endorsement by Burns and Wilcox, which includes ransomware and cyber extortion coverage.