"LTC Global's senior management is nationally recognized for its forward thinking."
Company - Press Releases

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

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

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

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

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

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

06/22/2007 - LTC Global Solutions Acquires Gelbwaks Insurance Services, Inc.
» Click To Show 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.

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.

© LTC Global - All Rights Reserved - Site Map