Higginbotham and the Hull Agency announced today the merger of their operations in Fort Worth. The Hull Agency will partner with Higginbotham’s downtown offices to service its more than 300 commercial and personal property/casualty clients and expand its services to include employee benefits.
Higginbotham is ranked by revenue as the largest independent insurance broker based in the state. The firm is growing by uniting with other independent brokers that have strong reputations and a commitment to Higginbotham’s single source solution for all-inclusive insurance and financial services. No price for the transaction was announced.
The Hull Agency will adopt the solution by using Higginbotham’s resources to begin offering employee benefit services to its clients.
“We’ve enjoyed consistent growth over our 40-plus years, and I wanted that to continue well into the future,” said Brian Hull, principal of the Hull Agency. “I’d heard through the insurance community that Higginbotham has been a great partner for its merger agencies, and the direct feedback I got was overwhelming positive. This union is good for the agency and our clients.”
Higginbotham Chairman, President and CEO Rusty Reid noted that the agency has merged with over 30 agencies in the past 10 years, but that each one is unique.
“Our partners have dedicated their careers to growing their agencies and serving their clients, and we treat them with the care and respect they deserve,” said Reid. “We want everyone, from our employees and new team members to our new clients, to be happy in the long haul.”
Hull will continue serving his clients as a vice president at Higginbotham. The Hull Agency is an independent commercial and personal property/casualty insurance brokerage firm in Benbrook. The family-owned and operated agency opened in1976. It primarily serves small to midsize businesses and high net-worth individuals.