York Risk Services Group (York), a premier national provider of claims management, managed care, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, today announced its acquisition of the stock of Latham, NY-based Northeast Association Management, Inc. (NEAMI).
York Pooling, a division of York, is one of the premier pool management companies in the nation, providing pool management, underwriting, financial management, litigation/claims management, actuarial and risk control services to public entity pools across the United States. “We are pleased to welcome NEAMI to the York Pooling family. With New York state expertise and a long history of excellent service there, NEAMI expands our national footprint to the northeast and adds deep pool management talent to our team. Together we will continue to strengthen and expand the products, services and solutions we bring to our clients,” said Francis Fey, Co-President & Chief Strategy Officer of York Pooling.
NEAMI, a pool and association manager, provides a comprehensive range of services including operations management, IT, financial management and strategic planning, to the largest workers’ compensation trust for public entities in New York State. As the pool’s administrator for more than 20 years, NEAMI has helped build a program that saves millions of dollars annually for the trust’s public entity members, which consist of municipalities, counties, school districts and special districts across the state.
“York has a rich history with and strong commitment to public entities and pools,” commented Rick Taketa, President and CEO of York. “NEAMI shares that commitment as well as a client-oriented culture and commitment to delivering exceptional service with specialized expertise to the public sector,” Taketa added. “The companies are a perfect fit. This acquisition expands our ability to build effective partnerships with our public entity and pool clients as we create and manage customized programs that ensure the stability of their risk management and insurance programs.”
“We are excited to join York Pooling,” said Jeff Van Dyk, Chief Operating Officer of NEAMI. “This is a great opportunity for our associates and customers. In particular, York Pooling’s systems capabilities and services support allow us to take our pooling solutions to the next level as we move forward. We look forward to maintaining our focus and expertise in New York State as we continue to develop innovative risk management programs for our clients.”