October 10, 2025

Partnership Between Higginbotham and Stephens Insurance

News Summary

Higginbotham has partnered with Stephens Insurance Services in Lubbock to enhance service offerings across West Texas and eastern New Mexico. By combining resources, the collaboration aims to provide more comprehensive solutions in group benefits, individual health and life benefits, and Medicare advisory services. This partnership prioritizes maintaining personal client relationships while offering the advantages of a larger firm, including better support for local public entities. Both organizations are committed to strengthening connections and enhancing community services.

Texas — Higginbotham, a leading insurance firm, has announced a strategic partnership with Lubbock-based Stephens Insurance Services to enhance benefits offerings across West Texas and eastern New Mexico. This collaboration aims to leverage the local relationships of Stephens with the broader resources of Higginbotham, providing a comprehensive range of services to clients in the region.

The partnership allows Higginbotham to strengthen its service offerings, particularly for complex public sector and commercial accounts, as stated by the company’s chairman and CEO. By integrating the capabilities of both firms, clients will benefit from expanded access to services under one brand, increasing convenience and service depth.

Stephens Insurance Services specializes in group benefits, individual health and life benefits, and Medicare advisory services. As part of the collaboration, Stephens plans to expand its offerings while continuing to focus on its core specializations. The two companies have built their partnership over time through referrals on property and casualty coverage, highlighting a history of mutual respect and collaboration.

This partnership is designed not only to amplify the strengths of both organizations but also to maintain the personal touch that local clients highly value. By capitalizing on Higginbotham’s public sector division, school districts and public entities will receive enhanced local engagement, tailored to their needs.

Director of operations at Higginbotham noted that the firm’s employee-ownership model and its culture were key reasons behind the collaboration. Stephens Insurance Services will continue to operate independently, yet will gain access to Higginbotham’s enhanced resources and capabilities. This relationship is viewed as a supportive collaboration, allowing both companies to maintain their identities while cultivating a more robust service platform.

Owner and broker of Stephens Insurance Services emphasized that focusing on their strengths played a significant role in forging this partnership. Positive feedback from other local agents who have previously joined Higginbotham influenced their decision, confirming the appeal of becoming part of a larger, supportive network without losing their local touch.

The strategic growth model of Higginbotham seeks to partner with firms that share similar values, aligning well with the vision of Stephens, which has been in operation since its inception in 1997. This partnership reflects a long-term commitment to improving service offerings while preserving essential community relationships.

In summary, the collaboration between Higginbotham and Stephens Insurance Services aims to build a strong team that can provide single-source solutions for clients throughout West Texas and eastern New Mexico. Their combined efforts will ensure that clients have access to an expanded suite of services while enjoying the benefits of local engagement and specialized support. Both organizations look forward to enhancing their capabilities and continuing to serve their communities effectively.

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Author: STAFF HERE GEORGETOWN

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