Higginbotham Appoints Andrew Reutter to Newly Created CFO, COO Role

Strategic Hire Brings Financial Expertise and Leadership Experience to Drive Operational Excellence and Support Next Phase of Growth

FORT WORTH, Texas, July 16, 2025 /PRNewswire/ -- 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's addition marks a significant step in Higginbotham's strategy to invest in talent that will drive the firm's continued evolution and power its next phase of growth.

"Our success has been built on investing in great people — and making sure they're in the right roles," said Rusty Reid, Higginbotham's Chairman and CEO. "With that philosophy, we've 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've been fortunate to work closely with Andrew as Stone Point's representative on our board for over a decade, and we knew he was the right person for the role."

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's 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's next phase of growth.

"Higginbotham is at a unique inflection point," Reutter said. "I 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."

"I loved my time as part of the Stone Point family," Reutter continued. "This change doesn't 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've developed a deep appreciation for the business and its potential. I'm truly excited to help strengthen an already exceptional organization."

Reutter said he plans to focus on operational and financial strategy while preserving the qualities that make Higginbotham successful. "We have an amazing team that has built an incredible business," he said. "My 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."

He also highlighted the firm's employee ownership model as a unique advantage and a source of tremendous opportunity. "That level of alignment is rare," Reutter said. "When the people who ride the elevator every day have significant equity ownership, it fosters alignment, accountability and collaboration in a way most firms can't match. That excites me about the future — 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."

Reutter's appointment reflects a broader evolution in Higginbotham's leadership structure designed to match the firm's 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.

"Given our size and historical growth rate, we need to invest in talent," said Reid. "As we're reaching a milestone of a billion dollars in revenue, we're planning ahead — strengthening our bench to position ourselves for everything that comes after."

ABOUT HIGGINBOTHAM  

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's 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's unique needs and stands by those programs with their Day Two Services®, which provide proactive customer support through the life of each policy.

Higginbotham is a values-driven firm that strives to be family to employees, accountable to clients, teammates to carriers, and generous to communities.

Visit higginbotham.com for more information.

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SOURCE Higginbotham