Nationwide insurance coverage agency Higginbotham has introduced the acquisition of Insurance coverage & Threat Managers (IRM), an impartial business and private property-casualty insurance coverage dealer based mostly in Brookhaven, Miss., with three extra workplaces throughout the state.
The deal marks Higginbotham’s entrance into Mississippi, increasing its footprint to 13 states. It additionally permits IRM to develop its providers to incorporate worker advantages, life insurance coverage, retirement plan providers, HR outsourcing and session, and extra danger administration capabilities.
“We’re on a progress path, specializing in the decrease half of america,” stated Rusty Reid, chairman and CEO of Higginbotham. “Getting into Mississippi connects that path with the encircling states the place we’ve a presence. Nevertheless it’s about greater than increasing our footprint – it’s about linking our folks. Our companions draw on Higginbotham’s collective groups to supply their shoppers with an all-encompassing answer that’s nonetheless native.”
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“I already know most of the companions that we’ll be teaming with as a result of they referred me to Higginbotham within the first place and sang their praises of the collaboration and household tradition that profit each shoppers and workers,” stated Josh Smith, president of IRM. “We’re excited in regards to the alternatives to serve shoppers with extra well-rounded providers and our folks with Higginbotham’s worker possession construction.”
Smith has been named a Higginbotham managing associate as a part of the deal. He’ll proceed to supervise IRM’s 30-person group within the agency’s Brookhaven and satellite tv for pc workplaces.