FORT WORTH, Texas, June 26, 2017 /PRNewswire/ -- Higginbotham
and Painter & Johnson Financial announced today the merger of
their insurance operations in Central
Texas. Higginbotham is headquartered in Fort Worth and ranked by revenue as the
largest Texas-based independent
insurance broker, now with a workforce nearing 900
property/casualty insurance and employee benefit professionals.
Painter & Johnson Financial is a broker of insurance,
securities and employee benefits, based in Brownwood, Texas. The union of the two firms
encompasses non-variable insurance products, expanding the customer
service capabilities for insurance clients of Painter & Johnson
Financial.
Higginbotham is partnering with brokers that have strong local
reputations as part of a growth initiative that has widened its
reach across Texas while allowing
it to maintain focus on personal service. This marks the firm's
entrance into Brownwood,
Texas.
"Although we're growing at a rapid pace, having expanded our
number of locations by three this year while adding partners to our
existing offices, we go through a careful vetting process," said
Higginbotham President/CEO
Rusty Reid. "We've been able to
preserve our tight culture and core vision of exceeding our
clients' expectations by ensuring our new partners have
demonstrated the same commitment."
Painter & Johnson Financial President Bart Johnson said, "We're committed to building
long-term relationships with our clients, so we need to keep
evolving with the insurance landscape. Joining Higginbotham adds
vast resources for our clients and our staff, while ensuring that
our clients will continue to benefit from working with the team
they already know and trust."
Painter & Johnson Financial will continue operating under
the leadership of Bart Johnson as
managing director at 201 West Adams in Brownwood.
About Painter & Johnson Financial
Painter &
Johnson Financial is a broker of insurance, securities and employee
benefits, working with clients to provide appropriate coverage in
the most economical manner. The firm brings a wealth of product
knowledge and experience to provide necessary protection today and
security for the future. Painter & Johnson Financial has
individuals licensed to offer securities in the states of TX, AR,
CA, CO, OK, and VA. Securities offered through WFG Investments,
Inc., member FINRA and SIPC. Visit www.painterandjohnson.com for
more information.
About Higginbotham
Higginbotham is a single source for insurance and financial
services that brokers business insurance, employee benefits,
retirement plans, executive benefits, life insurance and home/auto
insurance from more than 250 regional and national carriers. It
supplements coverage with in-house risk management and benefit plan
administration services. The firm was founded in 1948 and is
headquartered in Fort Worth,
Texas, with 25 additional offices statewide serving domestic
and international customers. Higginbotham ranks by revenue as the
nation's 31st largest independent insurance brokerage firm, making
it the largest Texas-based broker
(Business Insurance, July 2016).
Visit www.higginbotham.net for more information.
Higginbotham and WFG Investments, Inc. are unaffiliated
firms.
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visit:http://www.prnewswire.com/news-releases/higginbotham-expands-central-texas-operations-through-union-with-painter--johnson-financial-300479790.html
SOURCE Higginbotham
