Higginbotham Acquires Portion of Hilb Group of Texas
Insurance group Higginbotham announced Wednesday, May 11, 2017, that it has acquired a share of the Hilb Group of Texas, LLC’s operations in San Antonio, Texas.
The acquisition will add eight employees with a book of P&C insurance and employee benefits accounts to Higginbotham’s existing 24-person office in San Antonio. The two groups will merge in June of 2017.
Higginbotham is the largest Texas-based independent insurance broker, and it has expanded its reach to San Antonio and 22 other markets in Texas and Oklahoma. The firm was founded in 1948 and is headquartered in Fort Worth, Texas. Nationally, Higginbotham is the 31st largest independent insurance brokerage firm by revenue.