THE PRIVILEGE OF BEING ABLE TO HAVE DREAMS, IDEAS AND GOALS COME TO FRUITION, IS THE CORE OF WHAT WE ARE ABLE TO EXPERIENCE BECAUSE OF THE FREEDOMS THAT ARE OURS IN AMERICA.

- Denise Burnett Stewart

SMALL BUSINESS DRIVES THE AMERICAN ECONOMY. IT THRIVES AND SURVIVES NO MATTER WHAT MAY BE GOING ON IN THE MAIN ECONOMY.

- Dick Gadomski

UNLESS WE PROMOTE ENTREPRENEURSHIP, WE WILL NOT HAVE AN EXCITING BUSINESS ATMOSPHERE IN OUR COUNTRY.

- Allen B. Morgan, Jr.

Mathew W. “Mat” Lipscomb III

Lipscomb & Pitts Insurance, a Higginbotham Company
Managing Partner
Entrepreneur

Mat Lipscomb was born in Memphis, Tennessee and was raised in North Mississippi. Mat graduated from Memphis State University earning his B.B.A. with a major in insurance. He then worked for an international insurance company, where he trained in the underwriting, claims, audit and loss-control departments, while at the same time earning his Certified Insurance Counselor (CIC) designation. Another major insurance company presented Mat with a scholarship to further his training in estate conservation at Purdue University. Mat joined Lipscomb & Pitts in 1979 in the role of Commercial Insurance Producer.

In 1989, Mat and Johnny became partners at Lipscomb & Pitts Insurance. Mat focused on sales management and insurance carrier relationships; Johnny focused on the financial and administrative divisions of the company, while still producing and retaining business insurance. In 1992, Mat and Johnny purchased Lipscomb & Pitts Insurance from their fathers.
Mat comments, “In the management of our company, I have come to appreciate our clients’ business from their point of view. Like me, business owners expect the best in everything they buy. That’s why we recruit the brightest, most innovative people and train them to provide the level of service that we would expect, thus enabling us to guarantee only the best for our clients.”
An avid outdoorsman, Mat was appointed by Mississippi Governor Tate Reeves to serve on the Board of the Mississippi Outdoor Stewardship Trust Fund Committee. This is a conservation group working to support legislation that enhances Mississippi’s outdoor activities for generations to come.

Mat is a church leader. He also works to develop initiatives and missions’ projects around the world, which included starting an orphanage in India.

An avid supporter of the performing arts, Mat is currently helping to produce two Broadway Shows in New York. He has served on the Board Member of DeSoto Family Theatre since its creation 22 years ago. Twenty-one years ago, Mat created the Allie Awards. This organization provides recognition for those engaged in theater. This organization has generated hundreds of scholarships for artistically gifted students. Winners of Allie Awards have worked in Broadway stages, television programs, movies, and other larger stages.

For the past six years, Mat has served on the Board on the Northwest Mississippi Community Foundation. Mat also served as Chairman of the Memphis and Shelby County Insurance Advisory Committee and serves on numerous insurance company advisory boards.

Description of Business:

National Insurance Broker providing Property & Casualty and Employee Benefits Insurance.

Year Business Founded:

1954

Thoughts on Entrepreneurship: