Higginbotham swoops for Louisiana company

Higginbotham swoops for Louisiana company

Higginbotham swoops for Louisiana company | Insurance Business America

Move expands its current presence within the state

Higginbotham swoops for Louisiana agency

Mergers & Acquisitions

Mika Pangilinan

Independent insurance coverage brokerage Higginbotham has added one other companion company to its roster, swooping for Bourg Insurance in South Louisiana.

Bourg Insurance is a family-run enterprise based mostly in Donaldsonville, Louisiana. It was established by Claude ‘Toby’ Bourg, Jr. in 1958 and is at the moment being led by his son Brad Bourg as president.

The company’s management crew additionally contains Brad’s brother Brennan, who serves as vp, and brother-in-law Chuck Leblanc, who works as vp along with working the business traces division and managing the Donaldsonville workplace.

“We’ve been a small business for years,” Brad Bourg stated in a information launch. “With Higginbotham, we’ll have technology and support to move that forward, providing the same services but on a larger scale.”

“Access to markets, scalability, professionalism — and of course, a great brand,” Brennan Bourg added. “Higginbotham brings so much to the table, and we’re thrilled to be adding their name alongside ours.”

Commenting on the deal, Higginbotham chairman and CEO Rusty Reid emphasised the importance of household and neighborhood within the agency’s decision-making course of.

“At Higginbotham, we place tremendous importance on family — which is how we view our team — and on service to our community,” stated Reid. “If you’re looking around for a similar family- and community-oriented business partner, you have to be looking at the Bourg family in South Louisiana.”

What are your ideas on this story? Feel free to remark under.

Related Stories


Please enter your comment!
Please enter your name here