Higginbotham announced it has grown its transportation specialty practice into a full division.
The 31-person division brings 372 combined years of transportation insurance experience and greater capacity to address increasingly complex transportation risks.
“Transportation insurance is a highly specialized business,” said Higginbotham Chairman and CEO Rusty Reid. “The claims, legal environments, insurance markets and operating risks are different. This team knows what they’re doing, deeply. And that gives us tremendous ability to keep serving our clients — and keep growing.”
The specialty practice began at Memphis-based Lipscomb & Pitts, which partnered with Higginbotham in 2020.
Brent Allred, who is based in Chattanooga, assumed leadership of the specialty practice in March 2021. Fourteen employees joined within his first 10 months leading the practice, more than doubling the team at the time.
Division status gives the team greater ability to invest in transportation-specific resources, including a customized version of Higginbotham’s Day Two Services, the company said.
In the division’s Day Two model, claims and loss prevention professionals come from transportation backgrounds and can tailor their approach to the size, insurance and operational needs of each client.
Was this article valuable?
Here are more articles you may enjoy.
‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected 
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
TSMC Mulls Multibillion-Dollar Texas Site for More AI Chips 
Alliant Insurance Acquires New Hampshire’s Melcher & Prescott 
