TPAs & claims administrators
Well-run claims organizations with durable client relationships, experienced teams, and a clear role in the insurance ecosystem.
Boutique M&A sourcing & growth advisory
Focused on the businesses behind every claim.
Steinberg Partners works on behalf of a small number of strategic buyers to identify and engage well-run TPAs, claims organizations, and insurance technology businesses.
Focused mandates
Operator alignment
Claims fluency
Where we focus
Deep in the claims ecosystem.
We focus on claims administration and insurance services. That means understanding claims volume, staffing models, book-of-business mix, and technology maturity—not approaching the market as generalists.
Insurance services
Specialist businesses supporting claims operations, policyholders, carriers, and the broader insurance value chain.
Claims technology
Technology companies improving how claims are administered, staffed, evaluated, and resolved.
How we advise
Built to find fit, not manufacture a process.
We help active strategic buyers identify, evaluate, and begin conversations with claims businesses that fit their growth thesis. Each search is deliberate, discreet, and grounded in how the target actually operates.
- 01
Acquisition sourcing
- 02
Market mapping & evaluation
- 03
Founder & leadership outreach
Our approach
A growth-minded path to partnership.
Strategic buyers—not financial sponsors
We represent growth-oriented operating buyers looking to build on what TPA leadership has already created.
Operator-aligned growth
The goal is to preserve strong teams and operations while bringing additional technology, resources, and opportunity.
Confidential by design
We work with a small roster of active clients and handle each conversation with the discretion expected in buy-side M&A.
A direct conversation
Growth without the cut-and-consolidate playbook.
For TPA owners and claims leaders, an introductory conversation is simply a chance to understand the buyer, the thesis, and whether there may be a fit—now or later.
Discuss a mandate