Recovery Partners
Recovery Partners is a US-based, nationally licensed collection agency operating the SubroIQ platform to provide P&C insurance carriers with integrated subrogation, UM collections, arbitration, and closed file review recovery solutions.
- Company typePrivate
- Founded2004
- HeadquartersScottsdale, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Recovery Partners does
Recovery Partners is a nationally licensed collection agency and P&C insurance subrogation solutions provider headquartered in Scottsdale, Arizona, founded in 2004. The company concentrates its operations in the insurance claims recovery space, serving Property & Casualty carriers with a focus on recovering funds the carriers would otherwise absorb as losses.
The business runs primarily through SubroIQ, a proprietary subrogation solutions platform positioned as an ARMStrong Insurance Services Company. SubroIQ bundles four service lines into a single technology stack: UM (Uninsured Motorist) Collections, Arbitration management, Closed File Reviews (which use predictive analytics and algorithmic inference to identify missed recoveries), and Subrogation Services / Outsource (overflow handling for carrier claim teams). The architecture emphasizes carrier-side integration, online transparency reporting, and full-outsource or referral-based engagement models.
The revenue model is fee-for-service / contingency-based recovery work on P&C claims, supporting large and mid-market insurance carriers rather than a long-tail SMB customer base. The company pursues channel partnerships (notably Aon for Aon Specialist Claims Solutions) to access enterprise distribution, and invests in industry association presence (NASP, AM Best Expert Service Provider, CLM, IASA, ISSA, ACA International, Insurance Collection Executives) as a credibility and lead-generation layer. Pricing is not publicly disclosed; client mix is anchored by P&C insurance carriers in the United States.
Recovery Partners firmographics
Firmographics- Name
- Recovery Partners
- Legal name
- Recovery Partners Group Ltd
- Website
- https://recoverypartners.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Recovery Partners is a US-based, nationally licensed collection agency operating the SubroIQ platform to provide P&C insurance carriers with integrated subrogation, UM collections, arbitration, and closed file review recovery solutions.
- Ownership category
- akta.pro rank
Recovery Partners industry classification
Industry- Product category
- Insurance Subrogation Services
- NAICS
- Collection Agencies (56144), Claims Adjusting (524291), Insurance Carriers and Related Activities (524)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Subrogation, Recovery & Coordination of Benefits (COB) Support (BPAAAFAG)
- akta.pro secondary industries
- Claims Advocacy & Loss Recovery Services (FSAEADAH), Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery) (BPAAAEAE)
Keywords
Where Recovery Partners is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Markets served
Recovery Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Recovery Partners product offering
Product offeringCore offering
Recovery Partners operates SubroIQ, a unified subrogation solutions platform for the Property & Casualty (P&C) insurance industry. The company delivers an integrated suite of services including UM Collections, Arbitration, Closed File Reviews, and Subrogation Outsourcing to insurance carrier partners, leveraging proprietary predictive analytics and algorithmic inference technology to maximize subrogation recoveries.
Product overview
Recovery Partners operates through SubroIQ, a unified P&C insurance subrogation solutions platform. The company offers an integrated suite of services including UM Collections, Arbitration, Closed File Reviews, and Subrogation Services/Outsource capabilities. SubroIQ is an ARMStrong Insurance Services Company that partners with organizations like Aon to deliver specialized claims solutions. The platform differentiates itself through proprietary technology, predictive analytics, and algorithmic inference capabilities designed to maximize subrogation recoveries.
Differentiator
Problem solved
Functional benefit
Products and services
- SubroIQ Platform
Companies that use Recovery Partners
Customer profileIdeal customer profiles1 record
Recovery Partners technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Recovery Partners partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
Recovery Partners competitors and assessment
Company assessmentDirect peers
- ARMStrong Insurance Services: Parent company of SubroIQ and operator of insurance recovery and subrogation services. Directly comparable because it shares the same carrier base, service lines, and operational infrastructure that SubroIQ leverages, and competes in the same recovery-services niche.
- Cost Containment Group: Outsourced subrogation and claims recovery services provider for P&C carriers. Comparable as a direct subrogation-only services peer competing for similar carrier accounts with similar recovery and outsourcing offerings.
Broad incumbents
- Crawford & Company: Global claims management and adjustment firm serving P&C insurers across loss adjusting, subrogation, and managed repair. Broadly comparable as a one-stop claims services incumbent, though SubroIQ is a specialist subrogation-only provider.
- Sedgwick: Large claims management and loss adjusting firm with subrogation, UM collections, and litigation support offerings. Comparable as a broad incumbent in the same carrier ecosystem, but operating across a much wider claims services portfolio.
- ISO Claims Partners (Verisk): Specialized subrogation and recovery services arm of Verisk serving P&C carriers, with proprietary subrogation analytics similar to SubroIQ's. Comparable in subrogation workflow and target market, though backed by a much larger data and analytics parent.
- Mitchell International (Enlyte): P&C claims technology and workflow provider with subrogation and casualty recovery solutions. Comparable in target customer (P&C carriers) and analytics-driven subrogation offerings, though operating as part of a broader claims management platform.
- CorVel Corporation: National provider of risk management, claims management, and subrogation services to insurers, employers, and TPAs. Comparable as an outsourced P&C claims and recovery services peer, though broader in scope than SubroIQ's subrogation focus.
Others
- Aon: Global insurance broker and advisory firm that has partnered with SubroIQ for Aon Specialist Claims Solutions. Comparable as a buyer and channel partner in the same carrier ecosystem, not as a direct services competitor.
Emerging players
- Vale Training Enterprises: Subrogation training, consulting, and recovery services provider for the P&C industry. Comparable in serving the same subrogation buyer community with specialized expertise, though smaller and more training-focused than SubroIQ.
Regional players
- Clarke Subrogation Services: Canadian subrogation and recovery firm serving property, casualty, and auto insurers. Comparable as a specialist subrogation services peer with overlapping service lines, though geographically focused on the Canadian market.
Market position
Competitive moat4 records
Key highlights6 records
Customer concentration
Recovery Partners social profiles
Digital presenceRecovery Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Recovery Partners leadership team
Management profileNumber of profiles
Recovery Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Recovery Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Recovery Partners
What does Recovery Partners do?
Recovery Partners operates SubroIQ, a unified subrogation solutions platform for the Property & Casualty (P&C) insurance industry. The company delivers an integrated suite of services including UM Collections, Arbitration, Closed File Reviews, and Subrogation Outsourcing to insurance carrier partners, leveraging proprietary predictive analytics and algorithmic inference technology to maximize subrogation recoveries.
Is Recovery Partners a public or private company?
Recovery Partners is a private company. It is classified as corporate owned and is currently operating.
When was Recovery Partners founded?
Recovery Partners was founded in 2004. It employs 101 to 250 people.
Where is Recovery Partners based?
Recovery Partners is headquartered in Scottsdale, United States, in the North America region.
Who are Recovery Partners's main competitors?
Direct peers on record are ARMStrong Insurance Services and Cost Containment Group. Broad incumbents are Crawford & Company, Sedgwick, ISO Claims Partners (Verisk), Mitchell International (Enlyte) and CorVel Corporation. Aon is listed as an others. Vale Training Enterprises is listed as an emerging player. Clarke Subrogation Services is listed as a regional player.
Does Recovery Partners have an API?
No public API is recorded for Recovery Partners.
What industry is Recovery Partners in?
Recovery Partners's product category is Insurance Subrogation Services. Its primary akta.pro industry code is BPAAAFAG, Subrogation, Recovery & Coordination of Benefits (COB) Support, with a secondary code of FSAEADAH, Claims Advocacy & Loss Recovery Services. Its NAICS code is 56144 and its SIC code is 7320.