In The News

August 2023

ARMStrong RM Expands its Insurance Services capabilities with the Acquisition of NEIS, Inc.


ARMStrong RM Expands its Insurance Services capabilities with the Acquisition of NEIS, Inc.
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Itasca, IL, August 4, 2023 - ARMStrong RM, a leading provider of cashflow enhancement services to the commercial insurance industry, is thrilled to announce its acquisition of NEIS, Inc., a renowned Insurance service solutions provider specializing in Premium Audit and Loss Control services. This strategic move further solidifies ARMStrong RM's commitment to innovation and to diversifying its insurance cash flow enhancement offerings to meet the evolving needs of its valued clients.

Mike Baldwin, CEO of ARMStrong RM, expressed his excitement about the acquisition, stating, "The addition of NEIS, Inc. is a strategic move that will significantly benefit our clients and elevate our position in the insurance services industry.  Their Premium Audit and Loss Control services are renowned for their timeliness and accuracy, complementing our existing offerings.  We are eager to leverage NEIS, Inc.'s expertise to deliver even more value to our clients and solidify our reputation as a comprehensive insurance cashflow enhancement services provider."

"We are excited to join forces with ARMStrong RM," said Matt Wemple, President of NEIS, Inc. "Physical and Remote Audit Services, as well as our Loss control Services, play a crucial role in ensuring accurate insurance premiums for businesses. This strategic alliance will enable us to combine our deep domain expertise with ARMStrong RM's impressive and extensive client base, now being able to offer a more diverse set of services to drive success for our clients."
As part of the ARMStrong RM family, NEIS, Inc. will continue to operate under its brand name, maintaining its reputation for excellence and client-centric solutions.

This acquisition reaffirms ARMStrong RM's commitment to staying at the forefront of the insurance cashflow enhancement services industry. NEIS joins ARMStrong’s other leading insurance sector brands: Brown & Joseph, the leader in Workers Comp Premium recovery; Paragon Deductible Solutions; and SubroIQ, the leader in P&C subrogation identification and recovery.

About ARMStrong Receivables Management (RM):
ARMStrong RM is a leading financial services company specializing in accounts receivable management, debt recovery, and innovative solutions for businesses across diverse industries. With a strong focus on cutting-edge technology and a customer-centric approach, ARMStrong RM consistently delivers outstanding results and exceptional value to its clients.