Davis Insurance Agency Merges with Fort Worth-Based Higginbotham

Fort Worth, Texas-based Higginbotham and Davis Insurance Agency, headquartered in Lufkin, have merged.

Davis Insurance is an independent broker with a workforce of 26 in its Lufkin home office and Amarillo branch. The union adds East Texas and Panhandle offices to Higginbotham and grows it to 800 professionals and 26 locations statewide.

This is the fourth merger Higginbotham has completed this year as part of a growth initiative started in 2008. The firm is continually expanding across Texas by partnering with brokers that add capacity to serve more customers and widen its footprint.

The merger with Davis Insurance marks Higginbotham’s entrance into the Panhandle with the Amarillo office and expands its eastern presence with the Lufkin office.

Both firms offer personal and commercial insurance and employee benefits. Higginbotham has practice groups for industry specialization, and Davis Insurance has developed niche expertise in forest products insurance during 44 years of experience in the sector.

Ira and Vera Davis started Davis Insurance in 1949 from their home in Lufkin. Three generations of Davis men and women have led the firm’s growth to more than 3,000 accounts. In 2009 it opened a second office in Amarillo.

Davis Insurance will continue operating under the leadership of Managing Directors Larry Davis and Mike Davis.

Source: Higginbotham

Topics Texas