Madison Benefits Group, a Houston-based employee benefits brokerage and consulting firm, announced plans to join forces with Higginbotham & Associates, a national insurance brokerage firm.The new partnership expands Madison Benefit's current service offerings by adding personal and commercial property and casualty coverage lines and risk management services to its already extensive portfolio.
The alliance forms one of the largest independent brokerage firms in Texas, with a combined staff of more than 310 employees and 11 statewide offices.
Under the terms of the agreement, the company will continue doing business under the name "Madison Benefits Group." As part of the deal, senior management from Madison Benefits will become principal shareholders in the newly formed entity and current staff will play a vital role in the company's continued growth.
For more information about Madison Benefits, visit http://www.madisonbenefits.net. For more information about Higginbotham & Associates, visit http://www.higginbotham.net.
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