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LTC Global and ARM Combine LTCi Distribution Businesses Under Pulitano.

M2 EQUITYBITES-June 18, 2019-LTC Global and ARM Combine LTCi Distribution Businesses Under Pulitano

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18 June 2019 - US-based LTC Global, Inc., a provider of provider of capital to insurance agents and agencies, has formed LTC Agency Operations LLC (LTCAO), a new intermediate holding company, with Joseph G. Pulitano, the company said.

LTC Global and Pulitano have contributed their Long Term Care insurance distribution businesses to LTCAO, including ACSIA Partners, LTC Global Agency and Joseph G. Pulitano Insurance Agency, Inc. d/b/a Advanced Resources Marketing.

The combined businesses make up the largest independent LTCi marketing operation in the industry with over 500 career LTCi specialists.

Pulitano will serve as LTCAO's chief executive officer, and Henrik Larsen will serve as LTCAO's chief operating officer.

ARM, founded by Pulitano in 1986, is an insurance agency headquartered in Newton, Massachusetts and a national leader in worksite LTCi cases and distribution through association affinity relationships.

ACSIA Partners, which is the result of a 2014 consolidation of ACSIA Long Term Care and LTC Financial Partners, operates the national worksite LTCi distribution business with a focus on large employers as well as lead-supported individual distribution.

LTC Global Agency, formed by LTC Global in 2015 to offer distribution opportunities to LTCi agents leaving the former Genworth career division, focuses on individual LTCi business.

LTC Global will continue to support these distribution businesses with leads from a diverse group of sources, including association channels and internet marketing.

ARM's association relationships and worksite business will diversify and increase overall lead generation capacity significantly.

LTC Global is the provider of capital to insurance agents and agencies through commission heaping programs and renewal commission purchases.

Through its agency subsidiaries, LTC Global is a national distributor of life and health insurance products and the largest independent distributor of Long Term Care insurance.

LTC Global is headquartered in Fort Myers, Florida.

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Publication:M2 EquityBites (EQB)
Date:Jun 18, 2019
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