LTCG Appoints Rob Frederick as COO

LTCG reported that Rob Frederick will be joining its management team as Chief Operating Officer.

Frederick comes to LTCG from Transamerica, a financial service company, which provides insurance and investments to more than 19.5 million customers. As President and CEO of its Enterprise Business Services division, he oversaw a staff of over 1,000 and demonstrated his abilities as a leader in running large-scale operations, including all aspects of information technology, finance, actuarial and project management departments.

In this newly created role, Frederick will oversee LTCG's operations and information technology functions. This includes application processing, underwriting, policy owner services, claims processing, care management, assessments and the entire information technology department. Given the increased scrutiny on this product line and the growth in claims across the industry, his charge will be to enhance LTCG's execution of core functions and processes and look to further integrate operations and information technology.

"In order to address the significant challenges and opportunities in the long term care insurance industry, LTCG is optimizing its leadership team through the addition of seasoned executives with deep industry experience and Rob Frederick is the right individual to help us further this mission," said Peter Goldstein, CEO of LTCG. "This investment in management talent is part of the plan we laid out to our customers when we became an independent company again. I have tremendous confidence that Rob's expertise will allow us to extend greater value to our clients, improve the productivity of our internal processes and evolve the functionality of our systems."

LTCG is a provider of administrative solutions and clinical services to the long term care insurance industry, with nearly two decades of experience in this space.

More Information:

http://www.ltcg.com

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