L.P. Buddy Morris

Executive Chairman, Spire Risk Management, LLC
Managing Director, Morris Asset Management, Ltd.

L. P. Buddy Morris started his career in the healthcare industry in 1989 with Humana, Inc. After a nine-year stint as a large group sales executive, Buddy launched Summit Insurance Group (SIG) in 1998. Specializing in the consulting and brokerage of commercial employee benefit programs, SIG grew to be the largest employee benefits firm in San Antonio with more than 30 employees, 300 clients, and $125 million in annual premium sold.

In 2004, Buddy vertically integrated Summit Administrative Services (SAS) providing COBRA administration and eligibility management services for existing SIG clients.

In September of 2008, both SIG and SAS were acquired by Arthur J. Gallagher (NYSE: AJG) where Buddy assumed the role of Area President.

In 2009, Buddy founded Morris Asset Management, Ltd (MAM), where he serves as Managing Director. MAM is involved in venture capital and private equity investments in the real estate, energy, banking, and healthcare industries. MAM has had several notable dispositions in the past four years. They include the sale of eHealthscreenings to Premise Healthcare, the sale of Cage Water Technology to Integrated Advantage Group, and the sale of Med Centre Plaza to UT Health Science Center.

Buddy resigned from Gallagher on May 31, 2019, subsequently launching Spire Risk Management, LLC (SRM) based in San Antonio, TX. He serves as Executive Chairman. SRM is the fastest-growing employee benefits firm in San Antonio with 63.5% CAGR over the first three years of operation.

Buddy has been an active participant in several charitable, civic, and business boards. The Bank of San Antonio, Texas A&M University (Mays Business School), Witte Museum, and University Health System, to name a few. Buddy earned a Bachelor of Arts from Texas A&M University in 1988. He is the proud father of Katie 22, Ryan 21, and Bradford 17.