FORT WORTH, Texas, Oct. 3, 2017 /PRNewswire/ -- Higginbotham and Kilpatrick Insurance announced today that the two independent insurance brokers have merged in Fort Worth, Texas. Kilpatrick Insurance will relocate from 2410 Montgomery Street three miles east to Higginbotham's two downtown offices and take Higginbotham's name.
This is Higginbotham's sixth merger this year and its second in Fort Worth, home to the firm since opening in 1948. Higginbotham is growing its operation by partnering with brokers across Texas that enable it to reach more customers with its single source insurance solution. Kilpatrick Insurance adds 15 professionals to Higginbotham's commercial and personal property/casualty division.
"Much of our expansion efforts have been put into widening our footprint, but there's still room to grow in Fort Worth because DFW keeps topping the charts of growing metropolitan areas," said Higginbotham President/CEO Rusty Reid. "We've built a business model that gives customers a single source for all their insurance, risk management and administration services, and partnering with agencies like Kilpatrick gives us the manpower to keep pace with the growing population so we continue fulfilling that model."
Kim Kilpatrick-Terrell, Kilpatrick Insurance president and granddaughter of the agency's founder, said, "Uniting with Higginbotham provides more value to our clients because we can offer additional services beyond insurance coverage that are outside the threshold of smaller agencies. We're proud to become part of the largest broker in Fort Worth and plan to grow alongside them."
Kilpatrick Insurance is slated to move in December 2017.
About Kilpatrick Insurance
Kilpatrick Insurance is an independent agency offering personal and commercial coverage in Fort Worth, Texas. It provides additional protections in the areas of loss control and human resources. The agency has been led by three generations of Kilpatricks. MJ Kilpatrick opened the agency in 1944 with Jimmy Kilpatrick assuming leadership a few years later until Kim Kilpatrick took the reins in 1989. Visit www.kilpatrickinsurance.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 26 additional offices serving domestic and international customers. Higginbotham ranks by revenue as the nation's 27th largest independent insurance brokerage firm, making it the largest Texas-based broker (Business Insurance, July 2017). Visit www.higginbotham.net for more information.