SubroIQ Strengthens Its Position in the P&C Subrogation Industry with Strategic Acquisitions of SecondLook, LLC and Vengroff Williams SA
FOR IMMEDIATE RELEASE – ITASCA, IL- August 4, 2023
SubroIQ, a leading provider of subrogation identification and recovery solutions and a proud member of the ARMStrong Receivables Management (RM) family, is pleased to announce the acquisition of two prominent P&C Subrogation companies, SecondLook, LLC, and Vengroff Williams SA. These strategic acquisitions mark a significant milestone for SubroIQ as it fortifies its position as the leader in P&C Subrogation.
The acquisition of SecondLook, LLC, a well-established company known for its missed subrogation analytics and no-fault subrogation solutions, further enhances SubroIQ’s capabilities in identifying and pursuing subrogation opportunities with unmatched precision and efficiency.
Additionally, the acquisition of Vengroff Williams SA, a trusted name in the subrogation services industry, will further bolster SubroIQ within the uninsured motorist subrogation segment.
Mike Baldwin, CEO of ARMStrong RM, commented “We are thrilled to join forces with SecondLook, LLC, and Vengroff Williams SA. These strategic moves reflect our commitment to delivering the most advanced and effective P&C Subrogation solutions to our clients. By combining the strengths of these exceptional companies with SubroIQ’s existing expertise, we are positioned to provide unparalleled value and innovation to the industry.”
Norm McKnight, COO of SubroIQ, also shared his enthusiasm, remarking, “The addition of SecondLook, LLC, and Vengroff Williams SA to the SubroIQ family strengthens our ability to deliver superior results for our clients. We are confident that our combined resources, talent, and technology will elevate our services to new heights, making us a force to be reckoned with in the market.”
For further inquiries or to learn more about the comprehensive subrogation capabilities offered by the combined organization, please visit www.subroiq.com or click the Contact button at the top of the page.
About SubroIQ:
SubroIQ, a member of the ARMStrong RM family, is a leading provider of P&C subrogation identification and recovery solutions. Through cutting-edge technology, advanced analytics, and a dedicated team of professionals, SubroIQ delivers exceptional results for its clients.