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The NEAM mission is to be integral to the success of our insurance industry clients by providing investment management solutions through a team of skilled professionals dedicated to delivering exceptional client service.
It began in 1984, in a one-room office in Hartford, Connecticut. Jerry Lynch, a man who embodied an entrepreneurial “can-do” spirit, recognized the need for specialized asset management services tailored to the insurance industry. New England Asset Management (NEAM) was born.
Since then, NEAM has enjoyed over 35 years of uninterrupted focus, and stable ownership, with a single owner in place since 1995 when we were acquired by General Re Corporation, which was, in turn, acquired by Berkshire Hathaway in 1998.
Today, NEAM enjoys its next generation of leadership under the stewardship of CEO William (Bill) Rotatori and President Chip Clark, both seasoned investment professionals with longstanding tenure at the firm. We have also established a subsidiary in Ireland with a branch office in the UK, to support the requirements of our global clients and position ourselves for future success in the European marketplace.
NEAM founder Jerry Lynch believed that success in business could be paired with compassion, integrity and placing a high value on personal connections. His dedication to treating employees and clients like family has created a firm that today is over 100 strong, with assets under management of $75.1 billion1, and an unwavering dedication to fostering and maintaining purposeful partnerships.
We continue to foster a culture internally and externally that is approachable, adaptable and authentic – celebrating our heritage while organizing for success amidst the considerable challenges of 21st century insurance investment management.
In honor of Jerry we have put together a short tribute video to celebrate his life and the lasting impact he has had on all of us at NEAM.
In 2016, we furthered our single-minded focus by renaming the firm New England Asset Management, Inc. (NEAM, Inc.), previously having had other monikers. We will continue to support our promise of providing dedicated teams, actionable tools and tailored solutions to our clients. Our ownership structure and vision remain unchanged, our commitment unwavering. We look forward to the next 40 years, and beyond, of continued collaboration with our valued clients and employees.
1As of June 30, 2024, NEAM's unaffiliated insurance company client assets under management were $75.1 billion, managed by both NEAM, Inc. and its affiliate. $70.6 billion of which were managed by NEAM, Inc. and the remaining $4.5 billion of which were managed by NEAM, Inc's affiliate.