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Higginbotham, the Fort Worth-based independent insurance, financial and HR services firm, has joined forces with Stahl & Associates Insurance in Florida with designs on growing the combined business in the Sunshine State.
Stahl & Associates was founded by Bob Stahl in 1983 and has grown the business from one location with six employees to the largest privately held agency in Florida, according to a press release.
“We’re thrilled to be working with Bob, and with the whole Stahl & Associates team,” Higginbotham Chairman and CEO Rusty Reid said in a statement. “They have a terrific reputation, with deep ties to their community and a real culture of service to their clients. We’re particularly excited to connect our safety and loss control teams to make their People Safe Solutions™ available to Higginbotham’s clients. The behavioral science-based safety program drives down costs and helps customers build better workplaces.”
Stahl & Associates is Higginbotham’s second alliance in Florida following the firm’s 2020 deal with the Pensacola-based McMahon & Hadder Insurance.
“We could have done a deal with virtually any company,” Stahl said. “But it was important to get it right. We’re the largest privately held agency in Florida, but we’re still a community-based organization, and our team is like a family. We’ve got a culture where everybody pitches in and helps each other. So, I knew I had to look out for our team as well as our clients.
“Laws and regulations are changing constantly. With Higginbotham, we have access to a dedicated compliance team to keep us and our clients on top of everything. They have a financial analysis team for renewal workups, and a communications team. They even have a wellness team — and their director of wellness used to work for NASA.”