Stephens Insurance, of Little Rock, Arkansas has announced the hiring of Stuart Wallace and Morgan Moore. Their experience in the energy sector is expected to help Stephens with its growing oil and gas client portfolio in Houston and other markets.
“Our move into Houston is in response to demand for our unique offering and expertise in the industry’s own backyard. We look forward to Stuart and Morgan’s leadership, guidance, and contributions to growth in this market,” said President and CEO Martin M Rhodes.
Wallace will serve as president of the recently opened Stephens Insurance Houston office. He comes to Stephens from Arthur J
Gallagher & Co., where he spent 15 years as a lead producer and held several senior management positions concluding with managing director of the Energy Practice Group.
Moore joins as senior vice-president. She worked with Wallace at Gallagher where she focused on energy-related Primary Casualty programs and client relations.
“Our long-standing history in the oil and gas industry has been significant to our growth and client retention. This team furthers our ability to provide insurance clients with unparalleled knowledge of the energy sector and superior risk management solutions,” said. Rhodes.
“I am excited to work with Marty and the team at Stephens Insurance. As an affiliate of Stephens Inc., there is a wealth of oil and gas resources and information across research, corporate finance, and investments. Given our background and Stephens’ client-centered approach, this is a clear and natural fit for Morgan and me,” said Wallace.