LTC Global Marketing and LTC Financial Partners Merge to Form Large One-Stop Shop for Long Term Care and Medicare Insurance Solutions
KIRKLAND, Wash., July 2, 2014 - Today LTC Financial Partners, LLC and LTC Global Marketing Inc. announced the completion of the merger of the two companies into one of America's largest distributors of senior market insurance products. Industry veteran Denise Gott, formerly Executive Vice President of LTC Financial, will serve as Chief Executive Officer of the new combined entity.
There will be two marketing units, ACSIA Partners LLC (ACSIA) and United Insurance Group Agency, Inc. (UIG). ACSIA will offer long term care insurance and related services. UIG will offer Medicare Supplemental Insurance, Medicare Advantage and Part "D" Prescription Drug coverage.
"Now America's seniors can come to one source for all their medical and care-related insurance needs," said Gott. "Until now they had to fulfill their health and long-term care insurance requirements in different places. It was needlessly complex and confusing."
Worksite benefit programs will benefit from the new one-stop shop too. "Our agents can now offer a wider array of benefits for employees everywhere," says Gott.
The merger will bring financial and operational efficiencies as well. "Our combined resources will allow greater opportunities for our agents as well as reduced unit costs for shareholders," said Richard Pitbladdo, CEO of LTC Global. In addition, he pointed out, "Consolidation is a great way to thrive in today's challenging LTC insurance environment, and to capitalize on demographic opportunities in the Medicare markets."
The new organization, through its ACSIA and UIG units, will field more than 400 specialists, serving consumers and organizations in all states.
The new organization will maintain corporate offices in Kirkland, Washington and Fort Meyers, Florida.
NEWS SOURCE: LTC Financial Partners, LLC
For more information regarding this press release, please visit: https://www.ltcfp.com/
TERMS OF USE: rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
NOTICE: THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (LTC Financial Partners, LLC), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS OR CONCERNS ABOUT THIS NEWS ANNOUNCEMENT, PLEASE CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
