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Higginbotham is a financial services company that provides property insurance, risk management and employee benefit services for businesses. Read more

1,867 Followers on Owler
1,867 Followers on Owler
1,867 Followers on Owler
1,867 Followers on Owler

Higginbotham is a financial services company that provides property insurance, risk management and employee benefit services for businesses. Read more

Rusty Reid's photo - Chairman & CEO of Higginbotham

Chairman & CEO

Rusty Reid

CEO Approval Rating

72/100

Founded:

1948

Status:

PrivateIndependent Company

SIC Code:

6411 NAICS listing »

6321 NAICS listing »

Est. Annual Revenue
Est. Employees
Sector
Insurance Brokers
Life & Health Insurance
Headquarters

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Higginbotham's top 7 competitors are Cross Insurance, Heffernan, The IMA Financial Group, ABD, Gallagher, PEMCO and Amica. Together they have raised over 0 between their estimated 38.4K employees. Higginbotham's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 1.3B. Higginbotham has 1,000 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 4,729.

Cross Insurance is Higginbotham's top competitor. Cross Insurance is a Private company that was founded in Bangor, Maine in 1954. Cross Insurance operates in the Life & Health Insurance industry. Cross Insurance has 236 fewer employees vs. Higginbotham.

Heffernan has been one of Higginbotham's top competitors. Heffernan is headquartered in Walnut Creek, California, and was founded in 1988. Heffernan is in the Property & Casualty Insurance field. Heffernan generates 41% the revenue of Higginbotham.

The IMA Financial Group is perceived as one of Higginbotham's biggest rivals. The IMA Financial Group was founded in 1974 in Denver, Colorado. The IMA Financial Group competes in the Investment Banking & Brokerage field. The IMA Financial Group generates $92.7M less revenue than Higginbotham.

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Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Diversified Insurance Management

Oct 2019

Source »
undisclosed
Diversified Insurance Management provides property and casualty insurance services for individuals and businesses.

-

-

Aug 2018

Source »
undisclosed
-

These are all the companies that Higginbotham has acquired. Higginbotham has acquired 2 companies and its latest acquisition was Diversified Insurance Management in Oct 2019. Diversified Insurance Management provides property and casualty insurance services for individuals and businesses.

Higginbotham Funding History

$23.4M$32.1M$33.1M$62.7M$65.6M$88.6M$127.4M$173.4M$184.4M$190.2M$202M$309.2M

Since Higginbotham was founded in 1948, it has participated in 45 rounds of funding. In total Higginbotham has raised $309.2M. Higginbotham's last funding round was on Dec 2020 for a total of $2.9M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Dec 2020
$2.9M
-
Equity
Dec 2020
$47.5M
-
Equity
Nov 2020
$31M
-
Equity
Nov 2020
$5.3M
-
Equity
Oct 2020
$2.5M
-

Total Funding: $309.2M

Since Higginbotham was founded in 1948, it has participated in 45 rounds of funding. In total Higginbotham has raised $309.2M. Higginbotham's last funding round was on Dec 2020 for a total of $2.9M

Investments

No recent investments found related to Higginbotham

These are all the companies that Higginbotham has invested in. Higginbotham has invested 2 companies and its latest investment was Diversified Insurance Management in Oct 2019. Diversified Insurance Management provides property and casualty insurance services for individuals and businesses.

Higginbotham News

July 28, 2020Insurance Journal

Higginbotham Enters New Mexico with Pat Campbell Merger

Higginbotham and Pat Campbell Insurance, an independent agency in Las Cruces, N.M., have merged opera... See more »
July 22, 2020Insurance Journal

Texas Agencies Higginbotham and Borden Insurance Merge

Fort Worth, Texas-based Higginbotham and Borden Insurance, an independent insurance agency located in... See more »
May 18, 2020Insurance Journal

San Antonio's Amerman Insurance Services Merges with Higginbotham

Independent insurance broker, Higginbotham, and Amerman Insurance Services, based in San Antonio, Tex... See more »
May 18, 2020The Business Journals: San Antonio

North Texas insurance agency merges with San Antonio firm

The move is part of a growth strategy in which the insurer intends to merge with other independent br... See more »
March 31, 2020Insurance Journal

Texas' Insurance Agency Higginbotham Buys Delivery Meals for Service Workers

Fort Worth, Texas-headquartered insurance and financial services firm, Higginbotham, is purchasing me... See more »
February 7, 2020Reinsurance News

Higginbotham names energy & marine practice leader

Texas-based insurance brokerage Higginbotham has appointed Ted Dimitry to lead its energy and marine ... See more »
January 24, 2020Insurance Journal

Texas' Galiot Insurance Services, Higginbotham Join Forces

Houston-based Galiot Insurance Services, with a specialty in the life sciences sector, and insurance ... See more »

Higginbotham Blogs

December 15, 2020higginbotham Blog

The fastest private jets for sale in 2020

In our fast-paced globalized world, the age-old adage of "time is money" has never rung truer. Whil... See more »
December 10, 2020higginbotham Blog

Is your employee handbook ready for 2021?

How can employers make sure that employees know what is expected of them? It’s not a trick question... See more »
December 8, 2020higginbotham Blog

Health and wellness in the workplace

While there are many enticing reasons to stay at a job – competitive salary, opportunity for growth... See more »
December 3, 2020higginbotham Blog

How adverse losses affect commercial auto insurance rates

See more »
December 1, 2020higginbotham Blog

Why your business needs personal and advertising injury coverage

Even under the best circumstances, there’s no way to predict whether an accident or oversight invol... See more »
November 25, 2020higginbotham Blog

Fall weather dangers: be alert!

Fall is one of our favorite seasons! The leaves, the cooler, shorter days and of course, pumpkin sp... See more »
November 23, 2020higginbotham Blog

November 2020 Retirement Times

Election Year Investment Volatility... See more »

Higginbotham Press Releases

June 3, 2020PR Newswire

Ascend Insurance Brokerage Partnership Brings Entertainment Practice to Higginbotham

DALLAS, June 3, 2020 /PRNewswire/ -- Higginbotham, the largest independent insurance firm based in Te... See more »
March 30, 2020PR Newswire

Higginbotham Brings Relief to Local Restaurants and Service Workers

/PRNewswire/ -- Higginbotham is purchasing meals from local eateries that have temporarily reduced th... See more »
January 30, 2020StreetInsider

Energy and Marine Insurance Broker Joins Higginbotham in Houston

FORT WORTH, Texas, Jan. 30, 2020 /PRNewswire/ -- Ted Dimitry, a commercial property/casualty insuranc... See more »
January 22, 2020PR Newswire

Higginbotham Hires Brian Toglia to Direct Life Science Practice

FORT WORTH, Texas, Jan. 22, 2020 /PRNewswire/ -- Brian Toglia, president and CEO of Galiot Insurance ... See more »
October 21, 2019PR Newswire

Tim Flatt Joins Higginbotham to Open Midland Office

FORT WORTH, Texas, Oct. 21, 2019 /PRNewswire/ -- Tim Flatt has joined Higginbotham, the largest indep... See more »
September 5, 2019PR Newswire

Boone Stutz Signs with Higginbotham

MCALLEN, Texas, Sept. 5, 2019 /PRNewswire/ -- Boone Stutz has joined the McAllen office of Higginboth... See more »
August 15, 2019StreetInsider

Exploration Insurance Group the Latest Broker in Tyler to Join Higginbotham

FORT WORTH, Texas, Aug. 15, 2019 /PRNewswire/ --Â Higginbotham and Exploration Insurance Group (EIG) ... See more »

Social Media

Headquarters

500 West 13th Street

Fort Worth, Texas76102

817-334-3200

Driving Directions »

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Summary

ABOUT

Overview

Higginbotham is a financial services company that provides property insurance, risk management and employee benefit services for businesses. Higginbotham was founded in 1948. Higginbotham's headquarters is located in Fort Worth, Texas, USA 76102. It h...

CEO

Higginbotham's Chairman & CEO, Rusty Reid, currently has an approval rating of 72%. Higginbotham's primary competitors are Cross Insurance, Heffernan & The IMA Financial Group.

Website

higginbotham.net

Frequently Asked Questions about Higginbotham

  1. When was Higginbotham founded?

    Higginbotham was founded in 1948

  2. Who is Higginbotham's CEO?

    Higginbotham's CEO is Rusty Reid

  3. How much revenue does Higginbotham generate?

    Higginbotham generates $240M in revenue

  4. How much funding does Higginbotham have?

    Higginbotham has historically raised $309.2M in funding

  1. Where is Higginbotham's headquarters?

    Higginbotham's headquarters is in Fort Worth Texas, USA

  2. How many employees does Higginbotham have?

    Higginbotham has 1,000 employees

  3. What sector does Higginbotham operate in?

    Higginbotham is in Insurance Brokers, Life & Health Insurance

  4. Who are Higginbotham's competitors?

    Higginbotham's top competitors are Cross Insurance, Heffernan, The IMA Financial Group
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