Higginbotham Insurance & Financial Services Continues Growth Through Mergers

The company has seen significant growth through strategic mergers, expanding its presence in the market.

Higginbotham Insurance & Financial Services has been actively seeking out like-minded companies to merge with, resulting in a substantial increase in its client base.

With each merger, the company has been able to offer its clients a wider range of services and products, further solidifying its position as a leading provider in the industry.

This growth strategy has allowed Higginbotham Insurance & Financial Services to remain competitive and continue to provide top-notch service to its clients.

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Higginbotham Insurance & Financial Services has a rich history that spans over seven decades. Founded in 1948 by Paul C. Higginbotham, the agency started as a small personal insurance brokerage firm in Fort Worth, Texas.

Paul's nephew, Bill Stroud, purchased the agency in 1962 and played a crucial role in its growth. He moved the firm to more central locations in Fort Worth between 1968 and 1983 to attract a diverse clientele.

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In 1986, Bill hired Rusty Reid, who would later become president and CEO at just 27 years old. Rusty implemented an employee ownership model to engage and reward employees in the company's growth.

The firm's first geographic expansion occurred in 1998 with the opening of a second office in Dallas. This was followed by several other offices in North and Central Texas.

By 2007, Higginbotham had initiated an aggressive growth strategy, merging with like-minded independent agencies that support its business model. Today, the firm has expanded its footprint to over 87 offices across the United States.

Higginbotham has a history of strategic mergers and acquisitions that have expanded its reach and expertise.

The company merged with Insurance Associates of the Southwest in 2016, creating a stronger presence in the Houston market.

This merger brought on a team of 38 commercial, personal, life, and health insurance professionals.

Higginbotham also merged with Davis Insurance Agency in 2016, adding a workforce of 26 in Lufkin and Amarillo.

The company's ability to attract and integrate new talent has been a key factor in its success.

Higginbotham Insurance & Financial Services has a strong presence in Corpus Christi, with a local office serving customers throughout the state.

In January 2016, Higginbotham hired Peter Clarke as a senior loss control consultant in its Corpus Christi office. He is a valuable addition to the team.

The Corpus Christi loss control department is well-equipped to handle the unique needs of local businesses, thanks to Clarke's expertise.

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Higginbotham Insurance & Financial Services has a history of strategic mergers that have expanded its reach and capabilities.

The company merged with Jeannette Blanton Insurance Agency Inc. in 2017, creating a stronger presence in Ennis, Texas. This partnership brought together two experienced teams with a shared commitment to exceptional customer service.

In 2016, Higginbotham merged with Capps Insurance Agency, headquartered in Mount Pleasant, Texas, bringing its total number of locations to a significant milestone.

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Higginbotham has a history of expanding its reach through strategic mergers.

The company merged with Kilpatrick Insurance in 2017, relocating Kilpatrick's operations from Montgomery Street to Higginbotham's location.

Higginbotham's partnership with Capps Insurance Agency in 2016 brought the company's total number of... well, we don't know exactly what that number is, but it's clear they're growing!

The merger with Insurance Associates of the Southwest (IAS) in 2016 added 38 commercial, personal, life, and health insurance options to Higginbotham's portfolio.

Higginbotham has successfully merged with multiple companies, expanding its services and reach in the insurance industry.

Higginbotham, a Fort Worth-based independent insurance broker, has been on a merger spree in Texas. They've joined forces with several agencies across the state, expanding their reach and services.

In 2016, Higginbotham merged with Davis Insurance Agency, a 26-employee strong independent broker with a home office in Lufkin and an Amarillo branch. The merger brought Higginbotham's total number of employees to a significant amount.

Higginbotham's partnership with Capps Insurance Agency, a Mount Pleasant-based agency, also took place in 2016. This brought Higginbotham's total number of employees to an even higher amount.

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In 2017, Higginbotham partnered with Jeannette Blanton Insurance Agency Inc., a branch office of Dallas-based Independent Insurance Group Inc. based in Ennis, Texas.

Higginbotham's merger with Painter & Johnson Financial in 2017 brought their insurance operations in Central Texas under one roof. Painter & Johnson Financial is a broker of insurance and securities.

Higginbotham's merger with Insurance Associates of the Southwest (IAS) in 2016 brought their operations in Houston under Higginbotham's umbrella. IAS is an independent broker with 38 commercial, personal, life, and health insurance offerings.

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Higginbotham has announced a partnership with Cassidy & Company, a specialty life insurance planning firm based in Tampa, Florida.

This partnership aims to enhance Higginbotham's specialty life insurance expertise and provide additional support to its partner offices in Florida, Tennessee, Mississippi, and other regions.

Higginbotham's chairman and CEO, Rusty Reid, has outlined the firm's strategy for growth in targeted regions, particularly the Southeast, where it already has established partner offices in Memphis, Tennessee, Tampa, and Brookhaven, Mississippi.

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The partnership with Cassidy & Company is a result of Higginbotham's previous expansion effort to the West, where it partnered with Paradigm Gilbert, a specialty financial services firm in Los Angeles.

Cassidy & Company's president, William A. Cassidy, has acknowledged the firm's experience in life insurance and financial planning for business owners and high-net-worth individuals.

Higginbotham has also recently partnered with Turner & Associates Insurance of Brunswick, Georgia, which is licensed in 42 states and has accounts and specialty practices for nonprofits, construction, and hospitality.

This partnership with Turner & Associates Insurance is expected to expand Higginbotham's market share and introduce new services within the life insurance space.