Higginbotham expands with Thompson & Smith Insurance coverage deal

Higginbotham has moved for Thompson & Smith Insurance coverage, an impartial company based mostly in Jackson, Tennessee.

On the again of the corporate’s seventy fifth anniversary, Rusty Reid, chairman and CEO of Higginbotham, introduced the collaboration, which can broaden its footprint within the Southeast area.

“With Thompson & Smith, we’re getting a companion with nice geographic illustration, a long time of expertise, and specialised information — significantly within the development house that’s so robust within the Southeast,” stated Reid. “However greater than that, we’re getting a companion that shares our mission and our strategy to doing enterprise.”

Why did Thompson & Smith be part of Higginbotham?

Chuck Thompson, CEO of Thompson & Smith Insurance coverage, highlighted the company’s concentrate on its purchasers with the transfer.

“Our primary objective is to deal with every consumer, ensuring they’re insured appropriately,” Thompson stated. “Insurance coverage is a sophisticated trade, and our purchasers want somebody on their aspect to navigate the complexities. We’re proud to go above and past what an ordinary company would possibly do. Consequently, our prospects belief us, and we’ll do no matter we will to take care of that belief.”

Echoing Thompson’s sentiments, Roger Smith, president of Thompson & Smith Insurance coverage, emphasised the wants of purchasers.

“With Higginbotham’s assets, we will take these purchasers so far as they wish to go,” stated Smith. “I’m significantly excited to supply Higginbotham’s Day Two Companies®, that are value-added companies that transcend inserting insurance coverage protection — that’s day one — and as an alternative assist that protection with danger administration companies that proceed proper on by means of the life of every coverage. Moreover, Thompson & Smith beneficial properties a full-scale worker advantages division by means of Higginbotham.”

Scaling companies and enhancing assist for workforce

Reflecting on the choice to hitch forces with Higginbotham, Thompson emphasised the significance of shared tradition and the added advantages for each purchasers and the company’s crew.

“By means of [my father’s mentoring I learned that selling insurance was secondary to solving customers’ problems,” Thompson remarked. “With Higginbotham, we found a partner that shares our client-focused culture. When you put that together with the value-added services they offer and the support for our team from an employee-owned firm with fantastic benefits, it’s easy to see that we’re a great fit for them and they’re a great fit for us.”

Thompson & Smith Insurance is an independent property and casualty insurance agency serving both business and personal clients. It was established in 1998 through the merger of two independent insurance agencies.

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