Higginbotham adds two Richardson-based emoloyee benefits firms

Economic Profit Expert services (FBS) and MGM Positive aspects Group, equally staff gains corporations in Richardson, has joined Higginbotham, an independent insurance policies and financial expert services organization with places of work in 10 states and ranked as one of the largest brokers in the U.S.

Money Advantage Services is an independent personnel positive aspects business  specializing in the general public school sector.  MGM Gains Team is an employee benefits firm serving as an agency for businesses and as a controlling general agency for brokers.

The offer offers MGM the capacity to give further protection traces and account providers to its prospects, generally faculties and universities, together with business home and legal responsibility insurance coverage and threat administration help. Higginbotham is strategically rising to develop its footprint and raise its services functionality by partnering with other impartial companies that have strong reputations in their nearby marketplaces.

Higginbotham Chairman and CEO Rusty Reid said, “FBS is the main added benefits broker for community educational facilities in Texas, opening the possibility for Higginbotham to serve the business coverage requires of approximately fifty percent of the state’s general public college sector. Our partnership will greatly enhance the interactions FBS has with its clients by incorporating the benefit that comes with a broker that can do it all.”

The agreement presents FBS the capability to give new strains of protection and products and services through Higginbotham’s vast sources when still sustaining its solution to benefit answers. President of FBS Kyle James said, “The main values at FBS will always continue to be steady, concentrating on supplying extraordinary consumer assistance, operating with integrity and respect, when serving other individuals previously mentioned ourselves. With Higginbotham, FBS has found a lengthy-phrase strategic spouse with the similar passion and concentration on providing fantastic worker reward goods and products and services.”

Higginbotham named Kyle James a managing director and main working officer of FBS, and he will keep on top FBS with Running Director Coby James, Vice President of Customer Services Cathy Alaniz and the current FBS team.

Of the MGM deal, Reid said, “With the combined strengths of our firms, the educational facilities and universities we serve will have just one husband or wife for their complete insurance system, no matter if it is to cover their industrial exposures, their pupil exposures or their employees’ well being and wellbeing. We’re honored to have MGM join our pursuit in serving those establishments that serve our neighborhood.”

MGM President Glenn Turchi added, “We constantly glimpse for approaches to enrich the lives of our broker partners, group clients and their personnel. With Higginbotham, we found a long-phrase strategic associate with the identical passion and emphasis on providing best notch worker gain solutions and delivering price with the extra coverages and providers we now have accessibility to.” 

Turchi will keep on leading the current MGM team with Director of Advertising and Product sales Support Leslie Benavides and Director of Sales Meghan Garrett.