Tag: merger

Merger Announcement

Posted on by Lauren Clark

June 21, 2021

ITASCA, IL — Brown & Joseph, LLC and Recovery Partners, LLC, are proud to announce that they have merged their companies to strengthen the portfolio of subrogation services currently offered to the P&C insurance industry. The Recovery Partners team will be paired up with Paragon’s SubroIQ team, another recent acquisition of Brown & Joseph, to maximize customer benefit.

Mike Baldwin, CEO at Brown & Joseph, comments, “We are very proud to welcome the Recovery Partners team to the B&J/SubroIQ team. The Recovery Partners team has built an industry-leading brand with a relentless focus on innovation and on driving superior results on behalf of their valued clients. In addition, the Recovery Partners culture of respect for all team members is a perfect match with the values and culture of B&J/SubroIQ”

Ben Lewis, CEO at Recovery Partners, adds, “We are excited to enter into this partnership with Brown & Joseph/SubroIQ, a team that shares our values and culture. Recovery Partners and SubroIQ are a natural fit. SubroIQ has a proven suite of best-in-class front-end subrogation recovery services. Coupling their services with Recovery Partners’ expertise on back-end UM subrogation collections will provide carriers with a comprehensive platform that will maximize recoveries at all stages of the subrogation process.”

There are no plans to change any aspects of any client’s relationships at either Brown & Joseph, Paragon, SubroIQ, or at Recovery Partners. All direct and indirect aspects of supporting clients will remain the same.

The existing relationship between SubroIQ and Recovery Partners is significant as they have been highly valued business partners since 2017. Both companies are also long-standing members of the National Association of Subrogation Professionals (NASP), proving their focus and investment in the subrogation industry.

Please use the Contact button at the top of the page or visit www.recoverypartners.com if you have any questions and/or would like to learn more about the subrogation capabilities of the combined organization.