01/03/2012 - LTC Global, Inc. Names Deborah Skiff Chief Marketing Officer » Click To Show Details
LTC Global, Inc. Names Deborah Skiff Chief Marketing Officer
Fort Myers, Florida, January 3, 2012 - LTC Global, Inc., a leading national distributor of senior market insurance products, today announced the appointment of Deborah Skiff to the newly created position of Chief Marketing Officer, effective immediately. In her new role, Skiff will oversee the marketing and agency sales functions of LTC Global’s insurance distribution subsidiaries, including ACSIA Long Term Care, United Insurance Group, and Senior Wealth Care. She will report to Richard Pitbladdo, Chief Executive Officer of LTC Global.
“We are fortunate that we were able to select a capable insider to this new position”
Skiff joined LTC Global in 2005 and has held multiple executive positions, most recently Vice President of Business Development.
“We are fortunate that we were able to select a capable insider to this new position,” said Pitbladdo. “Deborah excels at strategic thinking as well as execution. She spearheaded a number of successful initiatives that have directly contributed to LTC Global’s bottom line and growth prospects. Her experience will be of tremendous value as we continuously improve our marketing businesses.”
Before joining LTC Global, Skiff held leadership positions with several companies ranging from emerging start-ups to global conglomerates. She has more than 20 years of experience in insurance, marketing and banking, with companies such as Philips Healthcare, Genworth Financial, Brightware, Societe Generale and HSBC.
“While we have a number of challenges ahead of us, I am very excited about LTC Global’s continued growth prospects,” Skiff said.
Skiff holds a BA in economics from the University of California, Berkeley and an MBA from London Business School.
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors with emphasis on Long Term Care Insurance and Medicare Insurance products. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Fort Myers, Florida.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
12/05/2011 - LTC Global Announces Election of Richard Pitbladdo as Chairman and Chief Executive Officer; David Yost Elected Chief Financial Officer » Click To Show Details
LTC Global Announces Election of Richard Pitbladdo as Chairman and Chief Executive Officer; David Yost Elected Chief Financial Officer
Fort Myers, Florida, December 5, 2011 - LTC Global, Inc., a leading national distributor of Long Term Care insurance and the leading purchaser of Long Term Care insurance commissions, announced today that Richard Pitbladdo has been elected Chairman and Chief Executive Officer, effective January 1, 2012.
Pitbladdo was LTC Global’s original CEO from its founding in 2002 until 2004, and has served as the company’s Chief Financial Officer since 2004. He will replace Thomas Skiff, who is stepping down as President and Chief Executive Officer at the end of the year. David Yost, who joined LTC Global in 2004 and has been the company’s Treasurer since 2007, will succeed Pitbladdo as Chief Financial Officer.
LTC Global co-founder Mark Dinsmore said, “The board wants the company to become more disciplined and focused on the higher margin businesses that were developed in the company’s early years. After briefly considering outside candidates, we quickly came to the conclusion that Richard was the right person for the job, and we are delighted that he agreed to return to the CEO role. We wish Tom the best in his future endeavors.”
Pitbladdo said, “We have the tools we need to grow our most profitable business lines, and I look forward to executing on the board’s desire for a more focused company. I have a great deal of confidence in Dave Yost’s competence and leadership. I expect a seamless transition to his role as CFO.”
Yost is a licensed CPA and CMA. Prior to joining LTC Global he was Chief Financial Officer of Raybor Management, Inc. He holds an MBA from Webster University.
Pitbladdo has 15 years of insurance industry experience with John Hancock, GE Capital and LTC Global. Prior to his insurance career he was a business professor at the University of Rochester’s Simon School. He holds a PhD in economics from Stanford University and is an Associate of the Society of Actuaries..
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors with emphasis on Long Term Care Insurance and Medicare Insurance products. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Fort Myers, Florida.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
10/27/2010 - LTC Global Expands Reverse Mortgage Presence Through Acquisition Of Equipoint Financial Network, Inc. » Click To Show Details
LTC Global Expands Reverse Mortgage Presence Through Acquisition Of Equipoint Financial Network, Inc.
Fort Myers, Florida, October 27, 2010 - LTC Global, Inc. announced today that it has acquired a controlling equity interest in EquiPoint Financial Network, Inc. ("EquiPoint"), a national distributor of HECM reverse mortgages. EquiPoint, based in San Diego, California, is a Federal Housing Authority approved direct endorsement lender. EquiPoint principal Bruce D. Barnes will continue to serve as President of EquiPoint.
Last year, LTC Global agreed to acquire a majority interest in another reverse mortgage lender, Next Generation Financial Services ("NGFS"), currently operating as a division of 1st Mariner Bank.
LTC Global's Chief Executive Officer Thomas A. Skiff said today that "the EquiPoint acquisition is part of our strategy to expand our financial product offerings to the senior market. We expect substantial synergies between EquiPoint and NGFS. We admire what Bruce Barnes and the EquiPoint team have accomplished in the industry so far, and we're looking forward to working with them."
"LTC Global's resources and experience in the senior market will complement EquiPoint's business. In particular, LTC Global's financial strength will enable EquiPoint to underwrite, close and warehouse a substantial inventory of loans," Barnes said today. "We also anticipate significant marketing synergies," added Barnes.
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors with emphasis on Long Term Care insurance, Medicare insurance products and HECM reverse mortgages. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Fort Myers, Florida.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
10/12/2010 - LTC Global Relocates Corporate Headquarters To Fort Myers » Click To Show Details
LTC Global Relocates Corporate Headquarters To Fort Myers
Fort Myers, Florida, October 12, 2010 - LTC Global, Inc., a leading national distributor of insurance and financial products to seniors, announced today that it has relocated its corporate headquarters to Fort Myers, Florida. LTC Global first established an office in Fort Myers in 2005 in connection with its acquisition of Kanawha Insurance Company's Long Term Care insurance marketing division.
LTC Global's Chief Executive Officer Thomas A. Skiff said today that "Fort Myers has a business-friendly environment and offers us the opportunity to grow our business lines cost effectively."
Through its insurance agency subsidiaries, including ACSIA® Long Term Care and UIG®, LTC Global offers Long Term Care insurance, Medicare Advantage and Medicare Supplement insurance products, and annuities to seniors throughout the country. LTC Global also offers HECM reverse mortgages to seniors through Next Generation Financial Services, a joint venture with 1st Mariner Bank. In addition, LTC Global provides capital to independent insurance agencies through nationwide commission purchase and commission-based lending programs.
LTC Global maintains sales and support offices throughout the country, including larger offices in Deerfield Beach, Florida, Milford, Michigan and Medford, Oregon.
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors, with emphasis on Long Term Care insurance, Medicare insurance products and HECM reverse mortgages. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Fort Myers, Florida.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
06/02/2010 - Mark H. Goldberg Named President of Acsia Long Term Care, Inc. » Click To Show Details
Mark H. Goldberg Named President of Acsia Long Term Care, Inc.
Medford, Oregon, Jube 2, 2010 - LTC Global, Inc. announced today that Mark H. Goldberg has been elected President of ACSIA Long Term Care, Inc., a wholly owned subsidiary of LTC Global. Founded in 1958, ACSIA is a leading national distributor of Long Term Care insurance. Mr. Goldberg had been ACSIA's National Sales Manager.
LTC Global's Chief Executive Officer Thomas A. Skiff said "Mark has been the driving force in growing ACSIA's sales. His knowledge, experience and energy make him uniquely qualified to serve as ACSIA's president. We wish him well in his new role."
Mr. Goldberg, a native of the Philadelphia area, joined ACSIA in 2004. Mr. Goldberg is well known in the Long Term Care insurance industry as a frequent speaker at industry events and an active participant in industry advisory groups.
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors, with emphasis on Long Term Care insurance, Medicare insurance products and HECM reverse mortgages. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Medford, Oregon.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
05/07/2010 - LTC Global Taps Steven A. Hensley to Oversee Administration and Compliance » Click To Show Details
LTC Global Taps Steven A. Hensley to Oversee Administration and Compliance
Medford, Oregon, May 7, 2010 - LTC Global, Inc. announced today that it has promoted Steven A. Hensley to Vice President – Administration and Compliance of LTC Global and its subsidiary companies, which include national distribution networks for senior market financial and insurance products as well as investment portfolios.
LTC Global’s Chief Executive Officer Thomas A. Skiff said “Steven has been extraordinarily productive since he joined us, and we are very happy to welcome him to the executive team.”
Mr. Hensley, a native of Evansville, IN, joined LTC Global in 2008 and previously served as LTC Global’s Finance and Operations Compliance Manager. Mr. Hensley holds a Bachelor of Music degree from Indiana University and a Master of Music degree from The Peabody Conservatory of the Johns Hopkins University.
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors, with emphasis on Long Term Care insurance, Medicare insurance products and HECM reverse mortgages. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Medford, Oregon.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
04/16/2010 - LTC Global Files Sec Form 13D In Respect Of Acquisition Of Common Stock Of First Mariner Bancorp » Click To Show Details
LTC Global Files Sec Form 13D In Respect Of Acquisition Of Common Stock Of First Mariner Bancorp
Medford, Oregon, April 16, 2010 - LTC Global, Inc. announced today that it has filed a Form 13D with the United States Securities and Exchange Commission in respect of LTC Global’s acquisition of 1,184,863 shares of First Mariner Bancorp (NASDAQ: FMAR) common stock on April 12, 2010. LTC Global affirmed that the acquisition of the shares is for investment purposes and that it has not acquired the shares with the purpose of changing or influencing the control of First Mariner Bancorp.
About SDMS
About LTC Global
LTC Global is a leading independent marketer of insurance and financial products to seniors, with emphasis on Long Term Care insurance, Medicare insurance products and HECM reverse mortgages. In addition, LTC Global provides capital to insurance agents and agencies through commission-based lending and renewal commission purchases. LTC Global has a national distribution network and is headquartered in Medford, Oregon.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
03/02/2009 - LTC Global Announces the Acquisition of William L. McAree Insurance Agency, Inc. » Click To Show Details
LTC Global Announces the Acquisition of William L. McAree Insurance Agency, Inc.
Medford, Oregon, March 2, 2009 - LTC Global, Inc. today announced that it has completed the acquisition of William L. McAree Insurance Agency, Inc. (the McAree Agency), a privately held life and health insurance agency based in Braintree, Massachusetts. Lisa McAree will remain President of the McAree Agency in connection with the acquisition.
The McAree Agency was founded in 1966 by William L. McAree, who was succeeded as President and owner of the company by Ms. McAree, his daughter, in 1997. The acquisition of the McAree Agency supports LTC Global's strategic expansion of its Long Term Care insurance distribution network and provides LTC Global with its first sales office in New England. In addition, The McAree Agency's expertise in structuring worksite Long Term Care insurance programs enhances LTC Global's existing marketing platforms. "We are very pleased to welcome Lisa and her experienced team to LTC Global. We have desired to have a stronger presence in the worksite market for some time. This acquisition brings us one step closer to having strong distribution capabilities in all aspects of the Long Term Care insurance market," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
The McAree Agency represents LTC Global's thirteenth agency acquisition since March 2007. The combination of these agencies gives LTC Global a strong presence in the senior insurance market with a major emphasis on the Long Term Care insurance product line. LTC Global offers products underwritten by all the major Long Term Care, Medicare supplement and annuity insurance companies.
About LTC Global
LTC Global, based in Medford, Oregon, is a leader in providing capital, sales and marketing solutions to the senior market insurance industry. LTC Global maintains a strong North American presence in the marketing and distribution of Long Term Care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior WealthCare Insurance Services and United Insurance Group Agency, Inc. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, March 2, 2009 - LTC Global, Inc. today announced that it has completed the acquisition of William L. McAree Insurance Agency, Inc. (the McAree Agency), a privately held life and health insurance agency based in Braintree, Massachusetts. Lisa McAree will remain President of the McAree Agency in connection with the acquisition.
The McAree Agency was founded in 1966 by William L. McAree, who was succeeded as President and owner of the company by Ms. McAree, his daughter, in 1997. The acquisition of the McAree Agency supports LTC Global's strategic expansion of its Long Term Care insurance distribution network and provides LTC Global with its first sales office in New England. In addition, The McAree Agency's expertise in structuring worksite Long Term Care insurance programs enhances LTC Global's existing marketing platforms. "We are very pleased to welcome Lisa and her experienced team to LTC Global. We have desired to have a stronger presence in the worksite market for some time. This acquisition brings us one step closer to having strong distribution capabilities in all aspects of the Long Term Care insurance market," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
The McAree Agency represents LTC Global's thirteenth agency acquisition since March 2007. The combination of these agencies gives LTC Global a strong presence in the senior insurance market with a major emphasis on the Long Term Care insurance product line. LTC Global offers products underwritten by all the major Long Term Care, Medicare supplement and annuity insurance companies.
About LTC Global
LTC Global, based in Medford, Oregon, is a leader in providing capital, sales and marketing solutions to the senior market insurance industry. LTC Global maintains a strong North American presence in the marketing and distribution of Long Term Care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior WealthCare Insurance Services and United Insurance Group Agency, Inc. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
03/01/2009 - LTC Global and SDMS Announce Long Term Care Insurance Marketing Initiative » Click To Show Details
LTC Global and SDMS Announce Long Term Care Insurance Marketing Initiative
Medford, Oregon, March 1, 2009 - LTC Global, Inc. and the Society of Diagnostic Medical Sonography announced today that they have agreed to a joint program to market discounted Long Term Care insurance coverage to the Society's 20,000+ members and their extended families. LTC Global has similar marketing arrangements in place with over 50 other associations throughout the country.
About SDMS
The Society of Diagnostic Medical Sonography, headquartered in Plano, Texas, was founded in 1970 to promote, advance and educate its members and the medical community in the science of Diagnostic Medical Sonography. The Society achieves its purpose by:
• seeking the cooperation of similar organizations;
• initiating and overseeing educational programs;
• stimulating and encouraging research
• encouraging presentation and publication of scientific papers;
• collecting and disseminating information pertinent to the membership;
• publishing a scientific journal and a newsletter; and
• reviewing and establishing policies regarding the professional status, legislative activity and welfare of its members.
For more information on SDMS visit http://www.sdms.org
About LTC Global
LTC Global, based in Medford, Oregon, is a leader in providing capital, sales and marketing solutions to the senior market insurance industry. LTC Global maintains a strong North American presence in the marketing and distribution of Long Term Care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior WealthCare Insurance Services and United Insurance Group Agency, Inc. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Vicki Hamilton
Phone: (334) 277-6802
11/11/2008 - LTC Global Announces the Acquisition of United Insurance Group » Click To Show Details
LTC Global Announces the Acquisition of United Insurance Group
Medford, Oregon, November 11, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of United Insurance Group Agency, Inc. (UIG), a life and health insurance agency based in Milford, Michigan, from Penn Treaty American Corporation. LTC Global also acquired UIG's three subsidiaries. UIG executive Robert McClellan joined the LTC Global group of companies in connection with the acquisition and will serve as Executive Vice President of UIG. John Chitwood will serve as President of UIG.
With 15 offices located throughout the United States, UIG is a leading national distributor of Medicare Advantage insurance products in addition to offering other senior market insurance products. The acquisition marks LTC Global's entrance into the Medicare Supplement and Medicare Advantage market. "We feel very fortunate to have the opportunity to add UIG's proven distribution models and national sales force to our existing platforms," said Thomas A. Skiff, Chief Executive Officer of LTC Global. "We believe in LTC Global's vision for UIG, and LTC Global's expertise in marketing Long Term Care insurance will greatly benefit both our career agents and our brokers," said Robert McClellan.
UIG will remain headquartered in Milford, and LTC Global anticipates that there will be no involuntary work force reductions in connection with the acquisition.
About LTC Global
LTC Global, based in Medford, Oregon, is a leader in providing capital, sales and marketing solutions to the senior market insurance industry. LTC Global maintains a strong North American presence in the marketing and distribution of Long Term Care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior WealthCare Insurance Services and United Insurance Group Agency, Inc. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, November 11, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of United Insurance Group Agency, Inc. (UIG), a life and health insurance agency based in Milford, Michigan, from Penn Treaty American Corporation. LTC Global also acquired UIG's three subsidiaries. UIG executive Robert McClellan joined the LTC Global group of companies in connection with the acquisition and will serve as Executive Vice President of UIG. John Chitwood will serve as President of UIG.
With 15 offices located throughout the United States, UIG is a leading national distributor of Medicare Advantage insurance products in addition to offering other senior market insurance products. The acquisition marks LTC Global's entrance into the Medicare Supplement and Medicare Advantage market. "We feel very fortunate to have the opportunity to add UIG's proven distribution models and national sales force to our existing platforms," said Thomas A. Skiff, Chief Executive Officer of LTC Global. "We believe in LTC Global's vision for UIG, and LTC Global's expertise in marketing Long Term Care insurance will greatly benefit both our career agents and our brokers," said Robert McClellan.
UIG will remain headquartered in Milford, and LTC Global anticipates that there will be no involuntary work force reductions in connection with the acquisition.
About LTC Global
LTC Global, based in Medford, Oregon, is a leader in providing capital, sales and marketing solutions to the senior market insurance industry. LTC Global maintains a strong North American presence in the marketing and distribution of Long Term Care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior WealthCare Insurance Services and United Insurance Group Agency, Inc. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
06/30/2008 - LTC Global Announces the Acquisition of American Insurance Agency, Inc. » Click To Show Details
LTC Global Announces the Acquisition of American Insurance Agency, Inc.
Medford, Oregon, June 30, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of American Insurance Agency, Inc. (AIA), a privately held life and health insurance agency based in Lebanon, Tennessee. Mike Beckman, principal of AIA, joined the LTC Global group of companies as Regional Manager, Annuity Division in connection with the acquisition.
The acquisition of AIA represents LTC Global's first strategic expansion of its annuity distribution network since LTC Global commenced its annuity business in March 2007 in connection with the acquisition of Senior WealthCare Insurance Services. "Having worked with Mike Beckman over the years, we are confident that this acquisition will bolster our growing annuity business in both the short term and long term, and we are looking forward to working with Mike as part of the LTC Global family," said Thomas A. Skiff, Chief Executive Officer of LTC Global. The addition of AIA also supports LTC Global's strategy to expand its national Long Term Care insurance distribution network.
AIA represents LTC Global's seventh agency acquisition since March 2007. LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), USA Insurance Marketing, Inc. / Our Town Insurance and Financial Services, Inc. (Deerfield Beach, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California), Insurance Producers Alliance, Inc. / Insurance Producers Alliance of America, Inc. (Palm Beach Gardens, Florida) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, June 30, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of American Insurance Agency, Inc. (AIA), a privately held life and health insurance agency based in Lebanon, Tennessee. Mike Beckman, principal of AIA, joined the LTC Global group of companies as Regional Manager, Annuity Division in connection with the acquisition.
The acquisition of AIA represents LTC Global's first strategic expansion of its annuity distribution network since LTC Global commenced its annuity business in March 2007 in connection with the acquisition of Senior WealthCare Insurance Services. "Having worked with Mike Beckman over the years, we are confident that this acquisition will bolster our growing annuity business in both the short term and long term, and we are looking forward to working with Mike as part of the LTC Global family," said Thomas A. Skiff, Chief Executive Officer of LTC Global. The addition of AIA also supports LTC Global's strategy to expand its national Long Term Care insurance distribution network.
AIA represents LTC Global's seventh agency acquisition since March 2007. LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), USA Insurance Marketing, Inc. / Our Town Insurance and Financial Services, Inc. (Deerfield Beach, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California), Insurance Producers Alliance, Inc. / Insurance Producers Alliance of America, Inc. (Palm Beach Gardens, Florida) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
05/05/2008 - LTC Global Announces the Acquisition of Insurance Producers Alliance, Inc. and Insurance Producers Alliance of America, Inc. » Click To Show Details
LTC Global Announces the Acquisition of Insurance Producers Alliance, Inc. and Insurance Producers Alliance of America, Inc.
Medford, Oregon, May 05, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of Insurance Producers Alliance of America, Inc. (IPAA), a privately held Long Term Care Insurance agency based in Palm Beach Gardens, Florida, and a related company, Insurance Producers Alliance, Inc. (IPA). William J. Borosak, Jr., principal of IPAA and IPA, joined Gelbwaks Insurance Services, Inc. (GIS) as Regional Sales Director in connection with the acquisitions. GIS is a wholly-owned subsidiary of LTC Global with offices in Plantation, Florida.
The acquisition of IPAA and IPA supports LTC Global's strategy to expand its national LTCi distribution network. "IPAA, IPA and Bill Borosak have a long track record of sales and marketing success, and we are very pleased to have the opportunity to integrate this fine operation into the LTC Global family," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
IPAA represents LTC Global's third substantial South Florida LTCi agency acquisition, and sixth agency acquisition overall, since March 2007. LTC Global's other recent strategic acquisitions include GIS, USA Insurance Marketing, Inc. / Our Town Insurance and Financial Services, Inc. (Deerfield Beach, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, May 05, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of Insurance Producers Alliance of America, Inc. (IPAA), a privately held Long Term Care Insurance agency based in Palm Beach Gardens, Florida, and a related company, Insurance Producers Alliance, Inc. (IPA). William J. Borosak, Jr., principal of IPAA and IPA, joined Gelbwaks Insurance Services, Inc. (GIS) as Regional Sales Director in connection with the acquisitions. GIS is a wholly-owned subsidiary of LTC Global with offices in Plantation, Florida.
The acquisition of IPAA and IPA supports LTC Global's strategy to expand its national LTCi distribution network. "IPAA, IPA and Bill Borosak have a long track record of sales and marketing success, and we are very pleased to have the opportunity to integrate this fine operation into the LTC Global family," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
IPAA represents LTC Global's third substantial South Florida LTCi agency acquisition, and sixth agency acquisition overall, since March 2007. LTC Global's other recent strategic acquisitions include GIS, USA Insurance Marketing, Inc. / Our Town Insurance and Financial Services, Inc. (Deerfield Beach, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
02/04/2008 - LTC Global Adds Affinity Marketing Division » Click To Show Details
LTC Global Adds Affinity Marketing Division
Medford, Oregon, February 4, 2008 - LTC Global, Inc. today announced the establishment of an Affinity Marketing Division. The division will be headed by Joel Allen and Nathan Blakley, who both recently joined LTC Global. Allen and Blakley are active members of the American Society of Association Executives, with a combined 23 years of experience in marketing long term care insurance through associations.
The addition of this new distribution channel supports LTC Global's efforts to become the pre-eminent distributor of long term care insurance nationally. "We are delighted to add these talented individuals to our team, and we are confident this division will enhance the marketing and sales opportunities we offer to our growing team of producers," said Chief Executive Officer Thomas A. Skiff.
The division is based in Montgomery, Alabama.
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Vicki Hamilton
Phone: (334) 277-6802
Medford, Oregon, February 4, 2008 - LTC Global, Inc. today announced the establishment of an Affinity Marketing Division. The division will be headed by Joel Allen and Nathan Blakley, who both recently joined LTC Global. Allen and Blakley are active members of the American Society of Association Executives, with a combined 23 years of experience in marketing long term care insurance through associations.
The addition of this new distribution channel supports LTC Global's efforts to become the pre-eminent distributor of long term care insurance nationally. "We are delighted to add these talented individuals to our team, and we are confident this division will enhance the marketing and sales opportunities we offer to our growing team of producers," said Chief Executive Officer Thomas A. Skiff.
The division is based in Montgomery, Alabama.
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Vicki Hamilton
Phone: (334) 277-6802
01/28/2008 - LTC Global Announces the Acquisition of USAIM » Click To Show Details
LTC Global Announces the Acquisition of USAIM
Medford, Oregon, January 28, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of U.S.A. Insurance Marketing Incorporated (USAIM), a privately held Long Term Care Insurance (LTCi) agency based in Deerfield Beach, Florida, and two related companies, Our Town Insurance and Financial Services, Inc. and Senior Service Center Corp.
The acquisition of USAIM and its affiliates supports LTC Global's strategy to expand its national LTCi distribution network. "We are excited by the opportunities presented by the addition of this substantial marketing and sales operation to the LTC Global family of agencies," said Thomas A. Skiff, Chief Executive Officer of LTC Global. "With the baby boom generation reaching the prime buying age for Long Term Care insurance, this market in poised for growth. That growth will be driven by organizations with robust and diverse distribution capabilities. LTC Global is committed to being one of the leaders of this market."
USAIM represents LTC Global's second substantial South Florida LTCi agency acquisition, and fifth agency acquisition overall, since March 2007. LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, January 28, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of U.S.A. Insurance Marketing Incorporated (USAIM), a privately held Long Term Care Insurance (LTCi) agency based in Deerfield Beach, Florida, and two related companies, Our Town Insurance and Financial Services, Inc. and Senior Service Center Corp.
The acquisition of USAIM and its affiliates supports LTC Global's strategy to expand its national LTCi distribution network. "We are excited by the opportunities presented by the addition of this substantial marketing and sales operation to the LTC Global family of agencies," said Thomas A. Skiff, Chief Executive Officer of LTC Global. "With the baby boom generation reaching the prime buying age for Long Term Care insurance, this market in poised for growth. That growth will be driven by organizations with robust and diverse distribution capabilities. LTC Global is committed to being one of the leaders of this market."
USAIM represents LTC Global's second substantial South Florida LTCi agency acquisition, and fifth agency acquisition overall, since March 2007. LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
01/24/2008 - LTC Global Announces the Acquisition of A M A Insurance Services » Click To Show Details
LTC Global Announces the Acquisition of A M A Insurance Services
Medford, Oregon, January 24, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of A M A Insurance Services, a privately held Long Term Care Insurance (LTCi) agency based in Stockton, California.
The acquisition of A M A supports LTC Global's strategy to expand its national LTCi distribution network and represents LTC Global's fourth LTCi agency acquisition since March 2007. "We look forward to integrating the A M A producers into our network and to providing them market-leading support," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
Medford, Oregon, January 24, 2008 - LTC Global, Inc. today announced that it has completed the acquisition of A M A Insurance Services, a privately held Long Term Care Insurance (LTCi) agency based in Stockton, California.
The acquisition of A M A supports LTC Global's strategy to expand its national LTCi distribution network and represents LTC Global's fourth LTCi agency acquisition since March 2007. "We look forward to integrating the A M A producers into our network and to providing them market-leading support," said Thomas A. Skiff, Chief Executive Officer of LTC Global.
LTC Global's other recent strategic acquisitions include Gelbwaks Insurance Services, Inc. (Plantation, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas) and Bob White Benefits, L.L.C. (Fort Worth, Texas).
About LTC Global
LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc., Senior Global Solutions, LLC and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.
Contact: Daniel G. Schmedlen, Jr.
Phone: (541) 646-2323
06/22/2007 - LTC Global Solutions Acquires Gelbwaks Insurance Services, Inc. » Click To Hide Details
LTC Global Solutions Acquires Gelbwaks Insurance Services, Inc.
Medford, Oregon, June 22, 2007 - LTC Global Solutions, Inc. (LTCGS) today announced the acquisition of Gelbwaks Insurance Services (GIS), Plantation, FL. Gelbwaks Insurance Services Chairman, Peter Gelbwaks, and his management team will remain in place. The Gelbwaks operation is a key acquisition in the LTCGS goal of becoming the pre-eminent distributor of long term care insurance.
"One of our major objectives in acquiring Gelbwaks Insurance Services has been the retention of all the top notch marketing and sales team leaders. Their experience and expertise will help LTCGS to extend the GIS set of industry best practices throughout our current organization and into our acquisition pipeline," commented Tom Skiff of LTCGS. When asked why he made this move, Pete Gelbwaks commented, "This was a perfect opportunity for the Gelbwaks team. We are really looking forward to working with these industry leaders. Our marketing skill combined with their financial discipline will make the whole greater than the sum of the parts."
LTCGS is headquartered in Medford, Oregon and Fort Myers, Florida, with operations distributed around the globe. The company maintains a strong North American presence in the marketing of long-term care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Senior Global Solutions, LLC and Senior Wealth Care.
LTCGS is a leader in providing capital, sales, and marketing solutions to the Long Term Care Insurance industry.
Medford, Oregon, June 22, 2007 - LTC Global Solutions, Inc. (LTCGS) today announced the acquisition of Gelbwaks Insurance Services (GIS), Plantation, FL. Gelbwaks Insurance Services Chairman, Peter Gelbwaks, and his management team will remain in place. The Gelbwaks operation is a key acquisition in the LTCGS goal of becoming the pre-eminent distributor of long term care insurance.
"One of our major objectives in acquiring Gelbwaks Insurance Services has been the retention of all the top notch marketing and sales team leaders. Their experience and expertise will help LTCGS to extend the GIS set of industry best practices throughout our current organization and into our acquisition pipeline," commented Tom Skiff of LTCGS. When asked why he made this move, Pete Gelbwaks commented, "This was a perfect opportunity for the Gelbwaks team. We are really looking forward to working with these industry leaders. Our marketing skill combined with their financial discipline will make the whole greater than the sum of the parts."
LTCGS is headquartered in Medford, Oregon and Fort Myers, Florida, with operations distributed around the globe. The company maintains a strong North American presence in the marketing of long-term care insurance and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Senior Global Solutions, LLC and Senior Wealth Care.
LTCGS is a leader in providing capital, sales, and marketing solutions to the Long Term Care Insurance industry.
03/21/2007 - LTC Global Solutions Acquires Senior Wealth Insurance Services » Click To Show Details
LTC Global Solutions Acquires Senior Wealth Insurance Services
Medford, Oregon - March 21, 2007 - LTC Global Solutions, Inc. (LTCGS) today announced the successful acquisition of Senior Wealth Care Insurance Services of The Woodlands, Texas as of March 9, 2007. The addition of Senior Wealth Care to the LTCGS suite of companies will enable LTCGS to add the distribution of fixed and equity-indexed annuities to its existing customer base of nearly 100,000 long term care insurance clients.
LTCGS operations are headquartered in Medford, Oregon and Ft. Myers, FL. The company maintains a national presence in the marketing of long-term care insurance products and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc. and Senior Global Solutions, LLC. Senior Wealth Care represents the latest acquisition by LTCGS as it makes progress toward becoming the nation's pre-eminent distributor of senior market products.
"Senior Wealth Care is an excellent fit with our organization, and will bring vital expertise into our organization allowing us to immediately add to our profitability while significantly enhancing sales growth" commented Tom Skiff of LTCGS.
LTCGS is a leader in providing sales, marketing, and financial solutions to the Long Term Care Insurance industry.
Medford, Oregon - March 21, 2007 - LTC Global Solutions, Inc. (LTCGS) today announced the successful acquisition of Senior Wealth Care Insurance Services of The Woodlands, Texas as of March 9, 2007. The addition of Senior Wealth Care to the LTCGS suite of companies will enable LTCGS to add the distribution of fixed and equity-indexed annuities to its existing customer base of nearly 100,000 long term care insurance clients.
LTCGS operations are headquartered in Medford, Oregon and Ft. Myers, FL. The company maintains a national presence in the marketing of long-term care insurance products and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc. and Senior Global Solutions, LLC. Senior Wealth Care represents the latest acquisition by LTCGS as it makes progress toward becoming the nation's pre-eminent distributor of senior market products.
"Senior Wealth Care is an excellent fit with our organization, and will bring vital expertise into our organization allowing us to immediately add to our profitability while significantly enhancing sales growth" commented Tom Skiff of LTCGS.
LTCGS is a leader in providing sales, marketing, and financial solutions to the Long Term Care Insurance industry.