Wm. Rigg Purchases Webber Insurance Agency

Charles Reynolds, managing partner of Wm. Rigg Co., announced that Wm. Rigg Co. has acquired substantially all the assets of the Webber Insurance Agency, a 19-year-old Fort Worth, Texas-based company that focuses on property and casualty for the auto and rental industries. Webber has joined Wm. Rigg Co. as senior vice president.

“Based on growth expectations, the Wm. Rigg Co. and Webber Insurance merger provides a business direction that will be an excellent fit for us both,” said Reynolds. “Dennis Webber’s expertise and strong client base enable us to tap into a market that was formerly less accessible to us and extends Rigg’s access to a strong position in the midstream tier.”

Wm. Rigg Co. is a 109-year-old risk management and insurance brokerage headquartered in Fort Worth that provides services to mid-sized businesses across Texas.

Since 1990, Webber Insurance Agency has had an exclusive underwriting agreement with Zurich Programs (formerly Empire Insurance Companies), based in Omaha, Neb., part of Zurich, North America.

Webber and his eight employees are scheduled to move into the Rigg
downtown Fort Worth office this summer.

Webber founded The Webber Insurance Agency in Fort Worth in 1985 and has reportedly experienced an annual growth rate of 15 to 20 percent. The agency provided property and casualty insurance to businesses primarily in the state of Texas although licensed to conduct business in as many as 18 other states throughout the country.

Wm. Rigg Co. was founded in Fort Worth in 1895. The multiple-line
independent insurance agency offers commercial and personal property and casualty insurance and employee benefits to a wide range of businesses, industries, and individuals.

The agency also has offices in Dallas and Houston and has 109 employees.