Texas-based independent insurance, financial, and HR services firm Higginbotham has announced a strategic partnership with Construction Casualty Insurance (CCI) of St. Petersburg, Fla.
According to Higginbotham chairman and CEO Rusty Reid (pictured above), the collaboration reflects shared values and a common emphasis on addressing complex risk management challenges.
Reid said that CCI brings strong construction sector capabilities, regional insight, and a skilled team. He highlighted CompCorrect as a standout feature of the partnership, calling it one of the most advanced tools in the risk management space.
The move will integrate Higginbotham’s Day Two Services with CCI’s proprietary risk management platform, CompCorrect, to serve high-risk clients across the United States.
CompCorrect is a cloud-based platform that uses artificial intelligence to support the management of workers’ compensation claims. It evaluates multiple data points, facilitates communication among stakeholders, and applies relevant legal and regulatory standards.
The tool is intended to streamline claim handling, reduce costs, and identify future risk exposures before incidents occur.
CCI president and CEO Brad Dempton said that the platform allows historical claim data to be analyzed to uncover inefficiencies and potential cost savings.
As part of the transaction, members of the CCI team have also acquired an equity stake in Higginbotham.
Higginbotham continues its expansion across the United States through a series of acquisitions and partnerships.
In 2024, Higginbotham completed several notable acquisitions, including Eagan Insurance Agency in Metairie, La.; Fountain, Parker, Harbarger & Associates in Huntsville, Ala.; Thompson & Smith Insurance in Jackson, Tenn.; Glenn Harris & Associates in Oklahoma City; and Barnard Insurance Agency.
In 2025, the firm continued its growth with acquisitions such as Program Insurance Group in Georgetown, Texas, which includes the EZ CERT certificate tracking service, and Tidwell & Hilburn Insurance.
As of November 2024, Higginbotham had completed a total of 13 in 2024 (serve more than 140 partner offices, 18 states).
Financially, Higginbotham's estimated revenue in 2024 was approximately $908.5 million, with a workforce of nearing 4,000 employees. The company has raised significant funding over time, including $188.5 million over 23 rounds.
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