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Higginbotham, a broad-based, employee-owned insurance, financial and HR services firm headquartered in Texas, announced the appointment of Andrew Reutter as CFO\/COO. Reutter\u2019s addition marks a significant step in Higginbotham\u2019s strategy to invest in talent that will drive the firm\u2019s continued evolution and power its next phase of growth.<\/p>\n
\u201cOur success has been built on investing in great people \u2014 and making sure they\u2019re in the right roles,\u201d said Rusty Reid, Higginbotham\u2019s Chairman and CEO. \u201cWith that philosophy, we\u2019ve built an incredible organization, strong partnerships and a great culture. We realized last year that we needed additional senior leadership to extend our focus on excellence to our financial structures, operations and technology. We\u2019ve been fortunate to work closely with Andrew as Stone Point\u2019s representative on our board for over a decade, and we knew he was the right person for the role.\u201d<\/p>\n
At Stone Point Capital, Reutter built and led the capital markets division and worked closely with insurance services firms, overseeing financing and investment strategy. He has worked extensively with Higginbotham to develop its efficient capital structure, aiding its organic and inorganic growth while providing for annual liquidity to shareholders. This strategy has also helped support the firm\u2019s 20%-plus compounded annual revenue growth rate. Now, he says, the time is right to move from advising the company through a board seat to helping lead it directly, bringing his expertise to support the firm\u2019s next phase of growth.<\/p>\n
\u201cHigginbotham is at a unique inflection point,\u201d Reutter said. \u201cI like to call it Higg 3.0. If 1.0 was about building the employee ownership model, and 2.0 focused on growth through the partnership and M&A strategy, 3.0 is a new chapter focused on strengthening the team and driving operational excellence, while preserving our growth trajectory and culture.\u201d<\/p>\n
\u201cI loved my time as part of the Stone Point family,\u201d Reutter continued. \u201cThis change doesn\u2019t feel like leaving Stone Point so much as getting the opportunity to join Higginbotham at exactly the right moment. Having spent years working alongside the team, I\u2019ve developed a deep appreciation for the business and its potential. I\u2019m truly excited to help strengthen an already exceptional organization.\u201d<\/p>\n
Reutter said he plans to focus on operational and financial strategy while preserving the qualities that make Higginbotham successful. \u201cWe have an amazing team that has built an incredible business,\u201d he said. \u201cMy focus is to help make it even better without changing the culture that makes Higginbotham special. That means finding ways to be more efficient, optimizing relationships, streamlining daily processes and thoughtfully leveraging tools like AI and automation to help our people work smarter.\u201d<\/p>\n
He also highlighted the firm\u2019s employee ownership model as a unique advantage and a source of tremendous opportunity. \u201cThat level of alignment is rare,\u201d Reutter said. \u201cWhen the people who ride the elevator every day have significant equity ownership, it fosters alignment, accountability and collaboration in a way most firms can\u2019t match. That excites me about the future \u2014 not just growing in size, but also expanding our services, whether adding financial services offerings, developing new verticals or deepening our expertise in specialty lines. We have so much potential here, and I want to help us unlock it.\u201d<\/p>\n
Reutter\u2019s appointment reflects a broader evolution in Higginbotham\u2019s leadership structure designed to match the firm\u2019s evolving complexity. His new role combines elements of finance and operations that were previously spread across other positions, creating dedicated leadership capacity in those areas.<\/p>\n
\u201cGiven our size and historical growth rate, we need to invest in talent,\u201d said Reid. \u201cAs we\u2019re reaching a milestone of a billion dollars in revenue, we\u2019re planning ahead \u2014 strengthening our bench to position ourselves for everything that comes after.\u201d<\/p>\n
\nABOUT HIGGINBOTHAM <\/p>\n
Higginbotham is a single source solution for insurance, financial and HR\/employee benefits services. The employee-owned firm was established in 1948 and today holds a Business Insurance ranking as the nation\u2019s 19th largest independent insurance brokerage by revenue. Based in Fort Worth, Texas, Higginbotham serves businesses and individuals through locations across the country. The firm specializes in tailoring programs to meet each client\u2019s unique needs and stands by those programs with their Day Two Services\u00ae, which provide proactive customer support through the life of each policy.<\/p>\n
Higginbotham is a values-driven firm that strives to be family to employees, accountable to clients, teammates to carriers, and generous to communities.<\/p>\n
Read all of our \u201cOn the Move\u201d updates<\/a>.<\/p>\n \n\tRelated\n<\/p>\n Fort Worth Report is certified by the Journalism Trust Initiative<\/a> for adhering to standards for ethical journalism.<\/p>\n Republish This Story<\/p>\n
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