FORT WORTH, Texas — Higginbotham, an independent insurance firm based in Texas and ranked as one of the largest in the U.S., and Vaughan Insurance Group, a commercial insurance firm in Tulsa, OK, merged operations. This gives Higginbotham a second location in Oklahoma, where it opened its first out-of-state office in Oklahoma City in 2017. Today, the firm has offices in nine states.
Higginbotham partnered with Vaughan Insurance Group to help expand and continue building its practice in Oklahoma, which quickly became a multi-million dollar operation two years after establishment in 2017. Vaughan Insurance Group has a similar commitment to personal, local service, and its five-person team will collaborate with Higginbotham’s existing Oklahoma City office to broaden its products and services to provide a single source solution to customers.
David Vaughan, principal of Vaughan Insurance Group, said “I was extremely impressed with how a firm as large as Higginbotham maintains a personal touch with its customers and family feeling with its employees. Our firms share the same devotion to our customers and employees, and it made sense that a partnership would be the perfect fit to benefit them and our future.”
In a joint statement, Higginbotham-Oklahoma Managing Directors Gray Holden and Chris Lavigne said, “We’ve enjoyed rapid success in a relatively short amount of time in Oklahoma, and we expect the same success with Vaughan Insurance Group. We’re excited to replicate our single source solution with our new partners so they can offer additional services like employee benefits.”
Higginbotham named Mr. Vaughan a managing director, and he will continue leading the Tulsa operation as Vaughan Insurance Group, A Higginbotham Company. He, Mr. Holden and Mr. Lavigne will join synergies to build the combined firm’s presence in Oklahoma.
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