Higginbotham Acquires Texas’ Brown & Company

Brown & Company Insurance Services, an employee benefits and individual life and health insurance agency in College Station, Texas, has combined with Higginbotham, an insurance, financial and HR services firm ranked as the 20^th largest independent broker in the U.S.

Brown & Company becomes Higginbotham’s second branch in College Station and deepens Higginbotham’s presence in the greater Houston area, where it now has five offices total. The deal gives Brown & Company added products, services and resources to serve its clients.

Brown & Company focuses on middle market employers and individual clients. By joining Higginbotham, Brown & Company has increased resources and service capabilities including enhanced compliance, administration, wellness, communications and HR support as well as the ability to provide property and casualty insurance to clients.

Brown & Company dates back to 1978 when it opened as Richard S. Smith & Associates. Principals Sharon Brown and Bryan Brown joined the firm in 1984 and 2002, respectively. In 2006, they purchased the agency, forming Brown & Company Insurance Services.

Brown & Company’s eight-person team will remain in place, and Sharon Brown and Bryan Brown will continue overseeing the agency’s operations.

Source: Brown & Company

Topics Mergers & Acquisitions Texas