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.
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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